Money illusion in retirement savings with a minimum guarantee

IF 1.6 3区 经济学 Q3 MATHEMATICS, INTERDISCIPLINARY APPLICATIONS Scandinavian Actuarial Journal Pub Date : 2024-07-30 DOI:10.1080/03461238.2024.2383864
Catherine Donnelly, Gaurav Khemka, William Lim
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Abstract

We investigate the impact of money illusion on the investment strategy and retirement outcomes of pre-retirees. Money illusion refers to the tendency of individuals to overlook the effects of infla...
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最低保证退休储蓄中的金钱幻觉
我们研究了金钱幻觉对退休前人员的投资策略和退休结果的影响。金钱幻觉指的是个人倾向于忽视投资策略和退休结果的影响。
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来源期刊
Scandinavian Actuarial Journal
Scandinavian Actuarial Journal MATHEMATICS, INTERDISCIPLINARY APPLICATIONS-STATISTICS & PROBABILITY
CiteScore
3.30
自引率
11.10%
发文量
38
审稿时长
>12 weeks
期刊介绍: Scandinavian Actuarial Journal is a journal for actuarial sciences that deals, in theory and application, with mathematical methods for insurance and related matters. The bounds of actuarial mathematics are determined by the area of application rather than by uniformity of methods and techniques. Therefore, a paper of interest to Scandinavian Actuarial Journal may have its theoretical basis in probability theory, statistics, operations research, numerical analysis, computer science, demography, mathematical economics, or any other area of applied mathematics; the main criterion is that the paper should be of specific relevance to actuarial applications.
期刊最新文献
Optimal consumption and investment in pooled annuity funds with and without fund managers Last passage times for generalized drawdown processes with applications Money illusion in retirement savings with a minimum guarantee Cashflow-driven investment beyond expectations Ensemble distributional forecasting for insurance loss reserving
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