Titlebook: Economic Challenges of Pension Systems; A Sustainability and Marta Peris-Ortiz,José álvarez-García,Pierre Devol Book 2020 Springer Nature S

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Denise S. Kim,Remy R. Lobo,Alon Kahana, ABMs can be defined as a set of pre-determined measures established by law to be applied immediately as required according to an indicator that reflects the financial health of the system. The purpose of ABMs is, through successive application, to restore the sustainability of the pay-as-you-go pe

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Anophthalmia and Microphthalmia,ver, achieving a structural budget balance (i.e. long-run equality between income and expenditure) may result in a decrease in the replacement rate or in the percentage that the pension represents of the last salary. The development of complementary pension schemes, both occupational and personal, i

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https://doi.org/10.1007/978-1-84628-316-1 With the use of Markov-switching models, we found that the historical prices and performance of the SIEFOREs can be modeled with a two-regime geometric Brownian motion stochastic process, and we found that the conventional net-return index measured by CONSAR (the official authority in the pension s

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Lateral Distal Approach to the Femurffecting those schemes have been analysed. A possible solution to reduce demographic risk impact is presented, that is the introduction of a funded component to balance the PAYG part when the ratio of contributors-pensioners is decreasing. A cost-benefit analysis is presented in order to verify how

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