摘要
伴随我国人口老龄化进程日益加快,社会养老保险支付风险已经成为制约我国社会保障事业发展的重大＂瓶颈＂问题。文章以股票、基金、国债和一年期银行存款为研究对象,分析四种投资工具的风险、收益及其投资组合。结果显示,与股市投资相比,基金投资更有利于分散投资风险。目前规避社会养老保险基金投资风险的主要路径包括实现投资工具多样化和体系化、科学设置投资比例等。
As China＇s population aging process is speeding up, the payment risk of social endowment insurance has become a major bottleneck that restricts the development of social security in China. This paper takes stock, fund, national debt and one-year period bank deposit as the research object to analyze the risk, gains and investment portfolio of four investment instruments. The study results show that fund investment is more favorable for diversifying investment risk than stock market investment. Currently, the main ways to evade the investment risk of social endowment insurance funds include diverse and systematic investment tools, scientifically setting investment proportion and so on.
作者
岳公正
王俊停
Yue Gongzheng;Wang Junting(School of Management, Shenzhen University, Shenzhen Guangdong 518060, China;School of Management, Shanghai University, Shanghai 201900, China)
出处
《统计与决策》
CSSCI
北大核心
2018年第8期156-159,共4页
Statistics & Decision
基金
国家社会科学基金重大项目(12BGL090)
国家社会科学基金一般项目(12&ZD042)
关键词
社会养老保险基金
组合投资
风险规避
social endowment insurance fund
portfolio investment
risk aversion
