Universal pension scheme and risk-taking

This article examines whether the existence of a universal pension scheme has any effect on a typical individual's willingness to take risks at a young age. The pension system will give the individual who is assumed to live for two periods a fixed amount in the second period regardless of his i...

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Veröffentlicht in:	Applied economics letters 2015-01, Vol.22 (1), p.7-11
Hauptverfasser:	Chen, Yao-Tung, Lan, Yuh-Ju, Hsu, Ker-Tah, Chen, Keng-Shen, Wang, Yu-Der
Format:	Artikel
Sprache:	eng
Schlagworte:	Consumption Decision analysis Economic analysis Effects Income Pension plans Pension schemes Pensions Profit Risk Risk assessment Risk aversion risk-taking Studies universal pension scheme
Online-Zugang:	Volltext
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