Accumulating approach to the life-cycle pension model: practical advantages
In the present study, we make an effort to enhance the practical advantages of the life-cycle pension model. We observe that previous studies are based on a “switching”approach, that is, on the assumption that when a pension fund member reaches a certain age, his accumulated savings are fully switch...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Institute of Public Finance
2016-12-01
|
Series: | Financial Theory and Practice |
Subjects: | |
Online Access: |
http://fintp.ijf.hr/upload/files/ftp/2016/4/AZOULAY.pdf
|