ИПИ Библиотека

Presentations given at the International Seminar "Pensions for the Future: Developing Individually Funded Programs", organized by FIAP in Lima, Peru, on 28th and 29th May 2008.

Models of pension system can be used to simulate alternative outcomes, often for the purpose of assessing reform options. The building blocks of typical models include labor market patterns – including labor earnings, job change, un/nonemployment, and retirement patterns – and capital market outcomes – namely the risk and return assumptions pertinent to assets held (in the case of a funded system). In addition, specific pension system behaviors may need to be modeled to determine pension contribution patterns, investment allocations, and, possibly, leakages from these accounts.

collective

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