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Determinantes del nivel de pensiones en el Sistema Privado de Pensiones

Olivera, Javier (2002): Determinantes del nivel de pensiones en el Sistema Privado de Pensiones. Published in: SBS Documentos de Trabajo No. DT/ 03/2002 (May 2002): pp. 1-19.

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Abstract

The aim of this research is to assess the determinants of future pensions in the Peruvian Private Pension System (SPP). For this goal, we describe the process for accumulation of funds (a stochastic Wiener process), income streams and employment spells, and then we perform sensitivity analysis by varying some parameter values. We find that the most important driver of the pension value is the pension fund return.

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