Fair and Sustainable Pension System: Market Equilibrium Using Implied Options

This study contributes to the discussion about a fair and balanced pension system with a collectively funded pension scheme or social security and a defined contribution pillar. With an invigorated risk approach using financial option positions, it considers the variance of socioeconomic interests o...

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Bibliographic Details
Main Authors: Ishay Wolf, Lorena Caridad López del Río
Format: Article
Language:English
Published: MDPI AG 2024-08-01
Series:Risks
Subjects:
Online Access:https://www.mdpi.com/2227-9091/12/8/127