BIROn - Birkbeck Institutional Research Online

    A portfolio approach to the optimal funding of pensions

    Dutta, J. and Kapur, Sandeep and Orszag, M. (2000) A portfolio approach to the optimal funding of pensions. Economics Letters 69 (2), pp. 201-206. ISSN 0165-1765.

    Full text not available from this repository.

    Abstract

    Fully funded pension systems are advocated for their higher rate of return, but this return is typically risky. Using a simple mean-variance model, we find that mixed funded–unfunded systems are desirable in this setting because they enable risk diversification.

    Metadata

    Item Type: Article
    School: Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School
    Depositing User: Sarah Hall
    Date Deposited: 07 Jul 2020 08:22
    Last Modified: 02 Aug 2023 18:00
    URI: https://eprints.bbk.ac.uk/id/eprint/32469

    Statistics

    Activity Overview
    6 month trend
    0Downloads
    6 month trend
    156Hits

    Additional statistics are available via IRStats2.

    Archive Staff Only (login required)

    Edit/View Item Edit/View Item