Methodology to compare front-end load and balance fees in pension funds

In the present article we develop a discrete-time methodology to compare frontend load and balance fees in the accumulation phase of a defined-contribution pension fund under the system of individual accounts. Additionally, using various methods, we study the effect of considering risk and density o...

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Bibliographic Details
Main Author: Luis Chávez-Bedoya
Format: Article
Language:English
Published: Universidad de Chile 2016-06-01
Series:Estudios de Economía
Online Access:https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/41866