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An Alternative pension reform for Spain based on optimisasion techniques

An Alternative pension reform for Spain based on optimisasion techniques
Recurso electrónico / Electronic resource
MARC record
Tag12Value
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001  MAP20150040404
003  MAP
005  20151211100732.0
008  151209e20151203esp|||p |0|||b|spa d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎6
1001 ‎$0‎MAPA20150020130‎$a‎Godínez Olivares, Humberto
24513‎$a‎An Alternative pension reform for Spain based on optimisasion techniques‎$c‎Humberto Godínez Olivares, María del Carmen Boado Penas
520  ‎$a‎The aim of this paper is to twofold: to design an alternative reform of the Spanish contributory retirement pension system based on optimal strategies to restore liquidity through changes in the key variables of the system (the contribution rate, retirement age and/or indexation of pensions) and at the same time to assess the reformed Spanish system with the focus on its liquidity in the long run. These optimal strategies, which we call Automatic Balancing Mechanisms (ABMs), calculate the optimal path of these variables over time and absorb fluctuations in longevity, fertility rates, life expectancy, salary growth or any other kind of uncertainty faced by the pension system.
650 4‎$0‎MAPA20080552114‎$a‎Pensiones
650 4‎$0‎MAPA20090034389‎$a‎Reforma legislativa
650 4‎$0‎MAPA20080554927‎$a‎Jubilación
650 4‎$0‎MAPA20080579258‎$a‎Cálculo actuarial
650 4‎$0‎MAPA20080547967‎$a‎Liquidez
650 4‎$0‎MAPA20080611552‎$a‎Métodos de optimización
651 1‎$0‎MAPA20080637736‎$a‎España
700  ‎$0‎MAPA20080642709‎$a‎Boado Penas, Mª del Carmen
7730 ‎$w‎MAP20070000012‎$t‎Anales del Instituto de Actuarios Españoles : Colegio Profesional‎$d‎Madrid : Instituto de Actuarios Españoles, 1943-‎$g‎03/12/2015 Número 21 Epoca 3ª época - 2015 , p. 107-134
856  ‎$q‎application/pdf‎$w‎1086050‎$y‎Recurso electrónico / Electronic resource