Performance persistence of Spanish pension plans

    Research output: Contribution to journalArticleResearchpeer-review

    1 Citation (Scopus)

    Abstract

    Pension plans and funds represent a substantial part of the welfare systems in both Europe and Spain. One of the most important factors in the choice of a plan or fund is its performance, because if high returns are obtained, the participant will receive higher payments when the contingency covered by the plan or fund occurs. The main objective of this paper is therefore to analyse the performance persistence of individual pension plans. To this end, we use two methods: contingency tables and transition matrixes. The results obtained show that the performance persists over time. © 2009 Palgrave Macmillan.
    Original languageEnglish
    Pages (from-to)293-298
    JournalPensions
    Volume14
    DOIs
    Publication statusPublished - 1 Nov 2009

    Keywords

    • Contingency tables
    • Multi-index model
    • Pension plans
    • Performance
    • Persistence
    • Transition matrixes

    Fingerprint Dive into the research topics of 'Performance persistence of Spanish pension plans'. Together they form a unique fingerprint.

  • Cite this