A DYNAMIC CONTROL STRATEGY FOR PENSION PLANS IN A STOCHASTIC FRAMEWORK

Article, Conference object English CLOSED
C. Colivicchi; S. Mulinacci; E. Vannucci; (2009)
  • Publisher: s.n
  • Subject: INCOME SUBSTITUTION RATE | SUPPLEMENTARY PENSION PLANS | STOCHASTIC DYNAMIC CONTROL STRATEGY

In re cent year s th e stu d y o f the op timum ma n agement of p en sion plan s is a m ain is sue. T he two p rincip al a lt ern at ive s in th e d es ign o f p en sion plan s are th e d eÞ n ed c o nt r ib u t io n p la n a n d th e d e Þ n ed b eneÞt plan. T... View more