haku: @author Sundén, A. / yhteensä: 1
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Tekijä: | Palme, M. Sundén, A. Söderlind, P. |
Otsikko: | How do individual accounts work in the Swedish pension system? |
Lehti: | Journal of the European Economic Association
2007 : APR/MAY, VOL. 5:2-3, p. 636-646 |
Asiasana: | finance investment analysis accounts retirement pensions Scandinavia Nordic countries Sweden |
Kieli: | eng |
Tiivistelmä: | This paper examines investment choice in the Swedish individual account scheme focusing on two aspects of the investment decision: i. Do workers with high risk in their human capital diversify their overall portfolio by investing their pension funds in low-risk funds? ii. To what extent do participants exhibit "home bias" and invest in Swedish assets? Two pieces of evidence support rational investment decisions. |
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