The thesis' focus is on risks aspects evolving from a defined contribution pension plan including a guarantee (or quasi-guarantee). In general the guarantee is assumed to be higher than the riskless yield. From this incomplete market setting evolves a non-hedgeable shortfall risk. The thesis considers in different continuous-time settings the risk allocation between the plan sponsor and the employee and analyzes the investment strategy of the plan sponsor.
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The thesis' focus is on risks aspects evolving from a defined contribution pension plan including a guarantee (or quasi-guarantee). In general the guarantee is assumed to be higher than the riskless yield. From this incomplete market setting evolves a non-hedgeable shortfall risk. The thesis considers in different continuous-time settings the risk allocation between the plan sponsor and the employee and analyzes the investment strategy of the plan sponsor.
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Add this copy of Hybrid Pension Schemes to cart. $127.08, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2008 by Sudwestdeutscher Verlag Fur Hochschulschriften AG.
Edition:
2008, Sudwestdeutscher Verlag Fur Hochschulschriften AG
Add this copy of Hybrid Pension Schemes Risk Allocation and Asset to cart. $165.42, new condition, Sold by Paperbackshop rated 4.0 out of 5 stars, ships from Bensenville, IL, UNITED STATES, published 2008 by Sudwestdeutscher Verlag Fur Hochschulschriften AG.
Edition:
2008, Sudwestdeutscher Verlag Fur Hochschulschriften AG
Add this copy of Hybrid Pension Schemes to cart. $177.77, new condition, Sold by Ria Christie Books rated 5.0 out of 5 stars, ships from Uxbridge, MIDDLESEX, UNITED KINGDOM, published 2008 by Sudwestdeutscher Verlag Fur Hochschulschriften AG.
Edition:
2008, Sudwestdeutscher Verlag Fur Hochschulschriften AG
