An Internal Swap Market between Equity Returns and Wage Growth: Can it Enhance the Welfare of Defined Contribution Plan Participants?

Jiajia Cui|Eduard Ponds


ICPM SPONSORED|RESEARCH PAPER

  • Defined Contribution Plan
  • Internal Swap Market
  • Life-Cycle Theory
  • Pension Fund
  • Wage Return Setup
  • Wage-Linked Exposure
  • Pension Funds