Sensitivity Analysis of Accumulated Savings in Defined Contribution Pension System
In this article we analyze the effect of parameters in the standard model for calculation of accumulated savings in a defined contribution pension system. Three parameters affect accumulated savings in the standard model: saving duration, return of the pension fund and the growth in employee gross w...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Institute of Public Finance
2009-12-01
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| Series: | Financial Theory and Practice |
| Subjects: | |
| Online Access: | http://www.ijf.hr/eng/FTP/2009/4/latkovic-liker.pdf |