Essays on pension scheme design and risk management

J. Cui

Research output: ThesisDoctoral Thesis

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Abstract

This dissertation deals with the optimal design of funded pension schemes and its welfare implications for participants. The first article illustrates the welfare gain of well organized intergenerational risk sharing within collective pension funds over the optimal individual benchmark. The second article demonstrates the significant welfare improvements by adapting age-dependent contribution rule as default for individual DC pension schemes. The final article examines the implication of longevity in terms of pricing for pension fund risk management.
Original languageEnglish
QualificationDoctor of Philosophy
Awarding Institution
  • Tilburg University
Supervisors/Advisors
  • de Jong, Frank, Promotor
  • Ponds, Eduard, Promotor
Award date16 Jan 2009
Place of PublicationTilburg
Publisher
Print ISBNs9789056682316
Publication statusPublished - 2009

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    Cui, J. (2009). Essays on pension scheme design and risk management. CentER, Center for Economic Research.