Because the policy of delay retirement is facing demand differences widely, research workers retirement needs and the basic law from the micro perspective will become increasingly important. Based on the demographic c...Because the policy of delay retirement is facing demand differences widely, research workers retirement needs and the basic law from the micro perspective will become increasingly important. Based on the demographic characteristics, family relationships, social and economic factors and professional environment, such as in four dimensions, the article has reviewed the individual retirement decisions affecting factors and its mechanism of action, and summed up the consensus theory and some controversy. In future research, we need to strengthen the cross disciplines and integration, to explore more available research variables, provide a new starting point for further theoretical research and policy making.展开更多
引入目标偏好——接受在一定限度内的上侧偏差,而厌恶其他的上侧偏差和下侧偏差——刻画偏好结构,建立了员工退休后选择延迟年金化的企业年金基金最优投资决策的随机动态规划模型。通过大量的M on te C arlo模拟测算投资风险,比较了立...引入目标偏好——接受在一定限度内的上侧偏差,而厌恶其他的上侧偏差和下侧偏差——刻画偏好结构,建立了员工退休后选择延迟年金化的企业年金基金最优投资决策的随机动态规划模型。通过大量的M on te C arlo模拟测算投资风险,比较了立即年金化和延迟年金化,发现:退休后选择延迟年金化的最优投资战略随时间推移而趋于保守,随着目标偏好系数的增加而变得更加积极;延迟购买适合风险厌恶水平较低的人,但市场欠佳会显著提高经济状况恶化的概率。展开更多
文摘Because the policy of delay retirement is facing demand differences widely, research workers retirement needs and the basic law from the micro perspective will become increasingly important. Based on the demographic characteristics, family relationships, social and economic factors and professional environment, such as in four dimensions, the article has reviewed the individual retirement decisions affecting factors and its mechanism of action, and summed up the consensus theory and some controversy. In future research, we need to strengthen the cross disciplines and integration, to explore more available research variables, provide a new starting point for further theoretical research and policy making.
文摘引入目标偏好——接受在一定限度内的上侧偏差,而厌恶其他的上侧偏差和下侧偏差——刻画偏好结构,建立了员工退休后选择延迟年金化的企业年金基金最优投资决策的随机动态规划模型。通过大量的M on te C arlo模拟测算投资风险,比较了立即年金化和延迟年金化,发现:退休后选择延迟年金化的最优投资战略随时间推移而趋于保守,随着目标偏好系数的增加而变得更加积极;延迟购买适合风险厌恶水平较低的人,但市场欠佳会显著提高经济状况恶化的概率。
