Optimal risk sharing in collective pension schemes
Day 2, March 23, 2007
Session III - International dynamics in pension governance, pension supervision and government protection
14.00 - 15.00 Lecture III.4 Lans Bovenberg (Netspar)
The author will explore how collective pension schemes can optimally share financial and demographic market risks across generations. The benefits and costs of collective pension schemes will be explored and compared to individual pension schemes. How can collective pension schemes be designed so as to optimally share financial market and demographic risks across generations, protect myopic individuals against wrong decisions while at the same time tailoring to the needs of individuals?
Abstracts
- Lecture I.1 - Luis Viceira
- Lecture I.2 - Jon Exley
- Lecture I.3 - Jeremy Gold
- Lecture II.1 - Raimond Maurer
- Lecture II.2 - Matthias Weiss
- Lecture II.3 - David Blake
- Lecture III.1 - Richard Hinz
- Lecture III.2 - Keith Ambachtsheer
- Lecture III.3 - Zvi Bodie
- Lecture III.4 - Lans Bovenberg
- Key note speech - Lucas Papademos
