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Afps ¿Es El Momento De Volver A Los Fondos Riesgosos?


  • René Fernández Montt


Hace algo más de un año, diversos sectores no oficialistas anunciaban que la crisis se instalaría en el país. La lentitud de reacción o también algunas falencias del sistema previsional, pues jamás se había observado su comportamiento en situaciones de crisis, generó pérdidas millonarias a gran parte de los chilenos que tenían sus ahorros previsionales en los fondos de mayor riesgo. En un año, el fondo A perdió aproximadamente el 40% de lo acumulado, con graves consecuencias para las personas, tales como deber postergar la edad planificada para la jubilación o quizás asumir obtener una pensión mucho inferior a lo que se proyectaba con anterioridad a la crisis.

Suggested Citation

  • René Fernández Montt, 2009. "Afps ¿Es El Momento De Volver A Los Fondos Riesgosos?," Observatorio de la Economía Latinoamericana, Grupo (Universidad de Málaga), issue 114, may.
  • Handle: RePEc:erv:observ:y:2009:i:114:7

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    References listed on IDEAS

    1. Schwert, G William, 2002. "Tests for Unit Roots: A Monte Carlo Investigation," Journal of Business & Economic Statistics, American Statistical Association, vol. 20(1), pages 5-17, January.
    2. Dickey, David A & Fuller, Wayne A, 1981. "Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root," Econometrica, Econometric Society, vol. 49(4), pages 1057-1072, June.
    3. Engle, R. F. & Granger, C. W. J. (ed.), 1991. "Long-Run Economic Relationships: Readings in Cointegration," OUP Catalogue, Oxford University Press, number 9780198283393, June.
    4. Granger, C. W. J. & Newbold, P., 1974. "Spurious regressions in econometrics," Journal of Econometrics, Elsevier, vol. 2(2), pages 111-120, July.
    5. Oxley, Les & Greasley, David, 1995. "A Time-Series Perspective on Convergence: Australia, UK and USA since 1870," The Economic Record, The Economic Society of Australia, vol. 71(214), pages 259-270, September.
    6. Andrew B. Bernard & Steven N. Durlauf, 1991. "Convergence of International Output Movements," NBER Working Papers 3717, National Bureau of Economic Research, Inc.
    7. Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
    8. James G. MacKinnon, 1990. "Critical Values for Cointegration Tests," Working Papers 1227, Queen's University, Department of Economics.
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    fondos riesgosos; AFPS; sistema previsional; ahorros;


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