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The Cost of Minimum Pension Guarantee
The Cost of Minimum Pension Guarantee This paper models minimum pension guarantee using a simulation ... synthetic options for stock market participation. Direct participation in stocks is still not possible ...- Authors: Tapen Sinha, Alejandro Renteria
- Date: Oct 2005
- Competency: External Forces & Industry Knowledge
- Topics: Pensions & Retirement>Pension investments & asset liability management