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Autor
Samborski Adam (University of Economics in Katowice, Poland), Turner John A. (Pension Policy Center Washington, DC, U.S.)
Tytuł
Complexity in Risks Facing Pension Plans: Nonmarket Financial Risk in the United States and Poland
Źródło
Journal of Economics & Management / University of Economics in Katowice, 2015, nr 21, s. 35-57, bibliogr. 53 poz.
Słowa kluczowe
Emerytury, Systemy emerytalne na świecie, Ryzyko finansowe, Ryzyko polityczne
Pensions, Pension systems in the world, Financial risk, Political risk
Uwagi
summ.
Kraj/Region
Polska, Stany Zjednoczone Ameryki
Poland, United States of America (USA)
Abstrakt
This paper discusses agency, regulatory capture, counterparty and political risks as aspects of the nonmarket financial risks that pension plans and their participants bear, using as examples the United States and Poland. The intent of the paper is to expand beyond financial market risks the discussion of financial risks that pension plans and participants bear in funded pension systems. Thus, this paper fits into the broader discussion of the relative merits of funded and unfunded pensions. The paper also relates to analysis of the increasingly complex environment in which pension plans operate. Keywords: pension plans, nonmarket financial risks, agency risks, regulatory capture risks, counterparty risks, political risks.(original abstract)
Dostępne w
Biblioteka Główna Uniwersytetu Ekonomicznego w Krakowie
Biblioteka Szkoły Głównej Handlowej
Biblioteka Główna Uniwersytetu Ekonomicznego w Katowicach
Biblioteka Główna Uniwersytetu Ekonomicznego w Poznaniu
Biblioteka Główna Uniwersytetu Ekonomicznego we Wrocławiu
Pełny tekst
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Bibliografia
Pokaż
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Cytowane przez
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ISSN
1732-1948
Język
eng
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