EN
Individual Choice of a Pension Fund in Russia: Are the Investment Results of the Fund Important?
Abstract
The paper presents the econometric assessment of the influence on the market positions of the fund of nominal yield volume and the Sharpe ratio formed in the pension savings investment by non-state pension funds in the Russian Federation. Using pair and multiple regression models and also a fixed effects model, the authors did not find any statistically important correlation between the investment results and insured persons’ choice of a pension fund. The results of the study point to weak stimuli for the participants of the pension sphere to improve the investment process quality and deformation of competition in the pension services market.
Keywords
Details
Primary Language
English
Subjects
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Journal Section
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Publication Date
September 1, 2016
Submission Date
September 1, 2016
Acceptance Date
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Published in Issue
Year 2016 Volume: 6 Number: 4
APA
Tumanyants, K., & Gulyaeva, E. V. (2016). Individual Choice of a Pension Fund in Russia: Are the Investment Results of the Fund Important? International Journal of Economics and Financial Issues, 6(4), 1328-1337. https://izlik.org/JA95GB77GC
AMA
1.Tumanyants K, Gulyaeva EV. Individual Choice of a Pension Fund in Russia: Are the Investment Results of the Fund Important? IJEFI. 2016;6(4):1328-1337. https://izlik.org/JA95GB77GC
Chicago
Tumanyants, Karen, and Eugenia V. Gulyaeva. 2016. “Individual Choice of a Pension Fund in Russia: Are the Investment Results of the Fund Important?”. International Journal of Economics and Financial Issues 6 (4): 1328-37. https://izlik.org/JA95GB77GC.
EndNote
Tumanyants K, Gulyaeva EV (September 1, 2016) Individual Choice of a Pension Fund in Russia: Are the Investment Results of the Fund Important? International Journal of Economics and Financial Issues 6 4 1328–1337.
IEEE
[1]K. Tumanyants and E. V. Gulyaeva, “Individual Choice of a Pension Fund in Russia: Are the Investment Results of the Fund Important?”, IJEFI, vol. 6, no. 4, pp. 1328–1337, Sept. 2016, [Online]. Available: https://izlik.org/JA95GB77GC
ISNAD
Tumanyants, Karen - Gulyaeva, Eugenia V. “Individual Choice of a Pension Fund in Russia: Are the Investment Results of the Fund Important?”. International Journal of Economics and Financial Issues 6/4 (September 1, 2016): 1328-1337. https://izlik.org/JA95GB77GC.
JAMA
1.Tumanyants K, Gulyaeva EV. Individual Choice of a Pension Fund in Russia: Are the Investment Results of the Fund Important? IJEFI. 2016;6:1328–1337.
MLA
Tumanyants, Karen, and Eugenia V. Gulyaeva. “Individual Choice of a Pension Fund in Russia: Are the Investment Results of the Fund Important?”. International Journal of Economics and Financial Issues, vol. 6, no. 4, Sept. 2016, pp. 1328-37, https://izlik.org/JA95GB77GC.
Vancouver
1.Karen Tumanyants, Eugenia V. Gulyaeva. Individual Choice of a Pension Fund in Russia: Are the Investment Results of the Fund Important? IJEFI [Internet]. 2016 Sep. 1;6(4):1328-37. Available from: https://izlik.org/JA95GB77GC