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Published in 2017 at "Scandinavian Actuarial Journal"
DOI: 10.1080/03461238.2017.1304984
Abstract: The notional defined contribution model combines pay-as-you-go financing and a defined contribution pension formula. This paper aims to demonstrate the extent to which liquidity and solvency indicators are affected by fluctuations in economic and demographic…
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Keywords:
contribution;
balancing mechanisms;
defined contribution;
notional defined ... See more keywords