Assessing the performance of Pillar II in Romania – time weighted versus money weighted rate of return

Adequate and complete reporting of the return rates for pension funds is of utmost importance for the success of the second pension pillar. This paper points to the limitations of the current way of reporting the returns by the Romanian pension funds administrators, given by the exclusive use of the...

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Bibliographic Details
Main Authors: Bogdan Andrei DUMITRESCU, Andreea Elena DRAGHIA
Format: Article
Language:English
Published: General Association of Economists from Romania 2019-09-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/1401.pdf