Implications of Behavioural Economics for Mandatory Individual Account Pension Systems

In individual account pension systems, members bear the risks and consequences of their investment decisions. If participants behave as predicted by economic theory, such responsibility would be welfare-enhancing as members would invest and hold a portfolio of financial assets with a risk-return com...

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Bibliographic Details
Main Author: Tapia, Waldo (-)
Other Authors: Yermo, Juan
Format: eBook Section
Language:Inglés
Published: Paris : OECD Publishing 2007.
Series:OECD Working Papers on Insurance and Private Pensions, no.11.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009705703606719

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