ISSN:
1995-2872
Language:
English
Pages:
68 p
Titel der Quelle:
OECD journal: financial market trends
Publ. der Quelle:
Paris : OECD, 2008
Angaben zur Quelle:
Vol. 2004, no. 1, p. 133-198
Keywords:
Finance and Investment
Abstract:
A reoccurring motif in pension literature and policy is the search for “benefit security” – that is, assurance to members of a pension regime that, at the end of the working career, they will get some reasonably predictable outcome, either as a pension (benefit stream) or a lump sum. The purpose of this note is to present a simple “thought experiment” to explore this matter and how market mechanisms might be brought more to bear...
DOI:
10.1787/fmt-v2004-art5-en
