General principles of institutional risks influence on pension systems / Nepp A.N., Shilkov A.A., Sheveleva A.Y., Mamedbakov M.R. // AIP Conference Proceedings. - 2016. - V. 1789, l. .

ISSN:
0094243X
Type:
Conference Paper
Abstract:
This paper examines the tools used to study the influence of institutional factors on investment returns. The research object are the tools used in the evaluation of institutional risks in the pension system, in particular, the correlation model of factors impacting on the 'anti-director' index, econometric estimates combining the different determinants of savings, the model of endogenous institutional change, etc. Research work focusing on issues of institutional factors affecting pension systems (authored by La Porta, Guiso, Gianetti, El-Mekkaouide Freitas, Neyapti B., and others) is reviewed. The model is examined in terms of the impact of institutional risks on pension systems, especially with regard to the funded part. The study identified the following factors that affect financial institutions, including pension institutions: management quality, regulation quality, rule of law, political stability, and corruption control. © 2016 Author(s).
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Index keywords:
нет данных
DOI:
10.1063/1.4968424
Смотреть в Scopus:
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85019227914&doi=10.1063%2f1.4968424&partnerID=40&md5=030f73c501a37b18f85bd56fc6a3c8e1
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Art. No. 020003
Link https://www.scopus.com/inward/record.uri?eid=2-s2.0-85019227914&doi=10.1063%2f1.4968424&partnerID=40&md5=030f73c501a37b18f85bd56fc6a3c8e1
Affiliations Ural Federal University, Yekaterinburg, Russian Federation
References Blake, D., Wright, D., Zhang, Y., Age dependent investing: Optimal funding and investment strategies in defined contribution pension plans when members are rational life cycle financial planners (2014) Journal of Economic Dynamics and Control, 38 (1), pp. 105-124; De Freitas, N.E.M., Martins, J.O., Health, pension benefits and longevity: How they affect household savings? (2014) Jour~al of the Economics of Ageing, 3, pp. 21-28; Guiso, L., Sapienza, P., Zingales, L., Trusting the Stock Market (2008) The0Journal of Finance, 58, pp. 2560-2566. , 6 DECEMBER; Giannetti, M., Koskinen, Y., Investor Protection and the Demand for Equity (2004) ECGI Working Paper Series in Finance, , Working Paper # 63/; Porta, R.L., Lopez-De-Silanes, F., Shleifer, A., (2003) What Works in Securities Laws?, p. 51. , Harvard University, Yale University and Harvard University; Porta, R.L., Lopez-De-Silanes, F., Shleifer, A., (2010) Law and Finance, p. 43. , Harvard University Science Pres; Official Website of Property Rights Protection Studies by the International Alliance of Property Rights, , http://www.internationalpropertyrightsindex.org/ranking, see Retrieved on 13.02.2014
Correspondence Address Nepp, A.N.; Ural Federal UniversityRussian Federation; email: anepp@inbox.ru
Editors Pasheva V.Venkov G.Popivanov N.
Publisher American Institute of Physics Inc.
Conference name 42nd International Conference on Applications of Mathematics in Engineering and Economics, AMEE 2016
Conference date 8 June 2016 through 13 June 2016
Conference code 127533
ISBN 9780735414532
Language of Original Document English
Abbreviated Source Title AIP Conf. Proc.
Source Scopus