Risk Management of Pension Systems from the Perspective of Loss Aversion
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More about this item
Keywordspension system; portfolio choice; income heterogeneity; loss aversion; HARA preferences;
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2005-12-09 (All new papers)
- NEP-PBE-2005-12-09 (Public Economics)
- NEP-PUB-2005-12-09 (Public Finance)
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