Essays on Portfolio Choice and Social Security

Essays on Portfolio Choice and Social Security

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Social security represents a fertile territory to be explored with the tools of modern finance, as social security systems in general affect the savings decisions of individuals in non trivial ways. This dissertation studies three issues of social security using the tools of continuous-time finance. All these issues are heavily motivated by the Chilean experience in the design of unemployment insurance and pension systems based on individual accounts.Social security represents a fertile territory to be explored with the tools of modern finance, as social security systems in general affect the savings decisions of individuals in non trivial ways.


Title:Essays on Portfolio Choice and Social Security
Author: Pablo Castaneda
Publisher:ProQuest - 2009
ISBN-13:

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