Random Walks in the Representation of Reserves

Models based on Random Walks are presented in this work, to represent reserves. Their main objective is to study and guarantee the sustainability of pensions funds. The use of these models with this goal is a classical approach in the study of pensions funds.

Detalhes bibliográficos
Autor principal: Ferreira, Manuel Alberto M. (author)
Outros Autores: Andrade, Marina (author), Filipe, José António (author), Coelho, Manuel Pacheco (author)
Formato: article
Idioma:eng
Publicado em: 2013
Assuntos:
Texto completo:http://hdl.handle.net/10071/5610
País:Portugal
Oai:oai:repositorio.iscte-iul.pt:10071/5610
Descrição
Resumo:Models based on Random Walks are presented in this work, to represent reserves. Their main objective is to study and guarantee the sustainability of pensions funds. The use of these models with this goal is a classical approach in the study of pensions funds.