期刊名称:Proceedings of the International Conference on Business Excellence
电子版ISSN:2558-9652
出版年度:2020
卷号:14
期号:1
页码:246-255
DOI:10.2478/picbe-2020-0023
语种:English
出版社:Sciendo
摘要:Quite often,people ask questions about the size of their retirement funds,nevertheless,demographic changes are fueling an existing insecurity. Thereby,in the actual context,it is necessary to analyze the current retirement system in order to be able to provide reliable solutions in the future. The objective of the research is to elaborate an econometric analysis based on the information available for Pillar II of retirement pensions for each fund apart,but also at the market level. The mandatory private funds of Pillar II are managed by companies existing on the Romanian market. The study aims to analyze the causal relationship between the size of the fund,analyzed through the size of the total net assets,and its profitability. The research method consists in testing the connection between the two variables through a linear regression at the market and individual level,in terms of each fund. The results of the research will complete the already existing researches and,moreover,it will provide an updated base in order to evaluate the previsions regarding the investments made from these funds and act accordingly to increase the benefits that employees receive during their retirement age.
关键词:retirement pension fund;return on retirement pension fund;size of total net assets;econometric analysis