Format:
Online-Ressource (766 p)
ISBN:
9781439817520
Series Statement:
Chapman and Hall / CRC Finance Series
Content:
As pension fund systems decrease and dependency ratios increase, risk management is becoming more complex in public and private pension plans. Pension Fund Risk Management: Financial and Actuarial Modeling sheds new light on the current state of pension fund risk management and provides new technical tools for addressing pension risk from an integrated point of view.Divided into four parts, the book first presents the correct measurement of risk in pension funds, fund dynamics under a performance-oriented arrangement, an attribution model for monitoring the performance and risk of a defined be
Note:
Description based upon print version of record
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Front cover; Contents; Preface; Editors; Contributor Bios; Contributors; PART I: Financial Risk Management; Chapter 1. Quantifying Investment Risk in Pension Funds; Chapter 2. Investment Decision in Defined Contribution Pension Schemes Incorporating Incentive Mechanism; Chapter 3. Performance and Risk Measurement for Pension Funds; Chapter 4. Pension Funds under Inflation Risk; Chapter 5. Mean-Variance Management in Stochastic Aggregated Pension Funds with Nonconstant Interest Rate; Chapter 6. Dynamic Asset and Liability Management; Chapter 7. Pension Fund Asset Allocation under Uncertainty
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Chapter 8. Different Stakeholders' Risks in DB Pension FundsChapter 9. Financial Risk in Pension Funds: Application of Value at Risk Methodology; Chapter 10. Pension Scheme Asset Allocation with Taxation Arbitrage, Risk Sharing, and Default Insurance*; PART II: Technical Risk Management; Chapter 11. Longevity Risk and Private Pensions; Chapter 12. Actuarial Funding of Dismissal and Resignation Risks; Chapter 13. Retirement Decision: Current Influences on the Timing of Retirement among Older Workers*; Chapter 14. Insuring Defined Benefit Plans in Germany
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Chapter 15. The Securitization of Longevity Risk in Pension Schemes: The Case of ItalyPART III: Regulation and Solvency Topics; Chapter 16. Corporate Risk Management and Pension Asset Allocation; Chapter 17. Competition among Pressure Groups over the Determination of U.K. Pension Fund Accounting Rules; Chapter 18. Improving the Equity, Transparency, and Solvency of Pay-as-You-Go Pension Systems: NDCs, the AB, and ABMs; Chapter 19. Risk-Based Supervision of Pension Funds in the Netherlands
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Chapter 20. Policy Considerations for Hedging Risks in Mandatory Defined Contribution Pensions through Better Default Options*Chapter 21. Policy Considerations for Hedging Risks in Mandatory Defined Contribution Pensions through Better Default Options*; PART IV: International Experience in Pension Fund Risk Management; Chapter 22. Public and Private DC Pension Schemes, Termination Indemnities, and Optimal Funding of Pension System in Italy; Chapter 23. Efficiency Analysis in the Spanish Pension Funds Industry: A Frontier Approach
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Chapter 24. Pension Funds under Investment Constraints: An Assessment of the Opportunity Cost to the Greek Social Security System Chapter 25. Pension Fund Deficits and Stock Market Efficiency: Evidence from the United Kingdom; Chapter 26. Return-Based Style Analysis Applied to Spanish Balanced Pension Plans; Index; Back cover
Additional Edition:
9781439817544
Additional Edition:
Erscheint auch als Druck-Ausgabe Pension Fund Risk Management : Financial and Actuarial Modeling
Language:
English
Keywords:
Electronic books
