Efficiency and performance of Bulgarian private pensions / / Gregorio Impavido ; authorized for distribution by Ceyla Pazarbasioglu |
Autore | Impavido Gregorio |
Pubbl/distr/stampa | [Washington, District of Columbia] : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (107 p.) |
Disciplina | 331.25 |
Altri autori (Persone) | PazarbaşioğluCeyla |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Pensions - Bulgaria
Old age pensions - Bulgaria |
Soggetto genere / forma | Electronic books. |
ISBN |
1-4623-9816-2
1-4527-9044-2 9786612842191 1-282-84219-6 1-4518-7126-0 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover Page; Title Page; Copyright Page; Contents; Glossary; I. Introduction; II. Brief Description of the Bulgarian Pension System; 1. Key Features of the Bulgarian Pension System; III. Market Structure; 2. Number of Legal Entities; 3. Direct Shareholding Structure of PICs; 4. Membership Growth and Concentration; 5. Net Assets Growth and Concentration; 6. Annual Contributions Growth and Concentration; 7. Assets of Autonomous Pension Funds in Select OECD and non-OECD Countries; 8. Concentration Indicators-Select Countries; IV. Asset Allocation and Investment Performance; A. Asset Allocation
1. Asset Allocation in 2006 in Select OECD Countries2. Asset Allocation of Bulgarian Pension Funds, 2004-07; 9. Investment Portfolios of UPFs; 10. Investment Portfolios of PPFs; 11. Investment Portfolios of VPFs; B. Investment Performance; 12. Average Maturity of PICs' Bond Portfolio (March, 2007); 13. Gross Nominal and Real Investment Performance, 2002-2007; 14. International Comparison of Real Rates of Returns; 15. Net Nominal Investment Performance, 2003-2007; C. Price Distortions; 16. Concentration and Market Power-Select Countries; V. Regulatory Framework A. Issues in the Accumulation Phase17. Minimum Return Guarantee in Select Countries; 18. Standard Deviation in Portfolio Weights and Returns of PICs; 19. Price Regulation in Select Countries; 3. Forty-year Charge Ratios in Select Countries; 20. Forty-year AUM Equivalent First Floor Fees (Select Countries, Percent); 21. Number of Transfers across Latin American Pension Funds, 2000 - mid-2007; 4. Switches in the Mexican AFORE Market (2006); B. Issues in the Payout Phase; VI. Policy Conclusions; A. The Market; B. Regulation and Supervision I. Overview of Second and Third Pillars Institutional ArrangementsII. Detailed Data by Legal Entity; 22. Membership by Legal Entity; 23. Net Assets by Legal Entity; 24. Annual Contributions by Legal Entity; 25. Annual Gross Investment Performance by Legal Entity; 26. Portfolio Allocation by UPFs (2004); 27. Portfolio Allocation by UPFs (2005); 28. Portfolio Allocation by UPFs (2006); 29. Portfolio Allocation by UPFs (2007); 30. Portfolio Allocation by PPFs (2004); 31. Portfolio Allocation by PPFs (2005); 32. Portfolio Allocation by PPFs (2006); 33. Portfolio Allocation by PPFs (2007) 34. Portfolio Allocation by VPFs (2004)35. Portfolio Allocation by VPFs (2005); 36. Portfolio Allocation by VPFs (2006); 37. Portfolio Allocation by VPFs (2007); 38. Pension Funds Investment Regulation; III. Investment Rules for Pension Funds; IV. Relationship Between Concentration, Market Power and Demand Elasticity; 39. Lerner Indices with No Investment Income; 40. Lerner Indices with Investment Income; VII. References; Footnotes |
Record Nr. | UNINA-9910464249303321 |
Impavido Gregorio | ||
[Washington, District of Columbia] : , : International Monetary Fund, , 2008 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Efficiency and Performance of Bulgarian Private Pensions / / Gregorio Impavido |
Autore | Impavido Gregorio |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (107 p.) |
Disciplina | 331.25 |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Pensions - Bulgaria
Old age pensions - Bulgaria Financial Risk Management Insurance Labor Public Finance Social Security and Public Pensions Nonwage Labor Costs and Benefits Private Pensions Governmental Property International Financial Markets Insurance Companies Actuarial Studies Pensions Public finance & taxation Finance Insurance & actuarial studies Pension spending Government asset management Asset management Finance, Public Asset-liability management |
ISBN |
1-4623-9816-2
1-4527-9044-2 9786612842191 1-282-84219-6 1-4518-7126-0 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover Page; Title Page; Copyright Page; Contents; Glossary; I. Introduction; II. Brief Description of the Bulgarian Pension System; 1. Key Features of the Bulgarian Pension System; III. Market Structure; 2. Number of Legal Entities; 3. Direct Shareholding Structure of PICs; 4. Membership Growth and Concentration; 5. Net Assets Growth and Concentration; 6. Annual Contributions Growth and Concentration; 7. Assets of Autonomous Pension Funds in Select OECD and non-OECD Countries; 8. Concentration Indicators-Select Countries; IV. Asset Allocation and Investment Performance; A. Asset Allocation
1. Asset Allocation in 2006 in Select OECD Countries2. Asset Allocation of Bulgarian Pension Funds, 2004-07; 9. Investment Portfolios of UPFs; 10. Investment Portfolios of PPFs; 11. Investment Portfolios of VPFs; B. Investment Performance; 12. Average Maturity of PICs' Bond Portfolio (March, 2007); 13. Gross Nominal and Real Investment Performance, 2002-2007; 14. International Comparison of Real Rates of Returns; 15. Net Nominal Investment Performance, 2003-2007; C. Price Distortions; 16. Concentration and Market Power-Select Countries; V. Regulatory Framework A. Issues in the Accumulation Phase17. Minimum Return Guarantee in Select Countries; 18. Standard Deviation in Portfolio Weights and Returns of PICs; 19. Price Regulation in Select Countries; 3. Forty-year Charge Ratios in Select Countries; 20. Forty-year AUM Equivalent First Floor Fees (Select Countries, Percent); 21. Number of Transfers across Latin American Pension Funds, 2000 - mid-2007; 4. Switches in the Mexican AFORE Market (2006); B. Issues in the Payout Phase; VI. Policy Conclusions; A. The Market; B. Regulation and Supervision I. Overview of Second and Third Pillars Institutional ArrangementsII. Detailed Data by Legal Entity; 22. Membership by Legal Entity; 23. Net Assets by Legal Entity; 24. Annual Contributions by Legal Entity; 25. Annual Gross Investment Performance by Legal Entity; 26. Portfolio Allocation by UPFs (2004); 27. Portfolio Allocation by UPFs (2005); 28. Portfolio Allocation by UPFs (2006); 29. Portfolio Allocation by UPFs (2007); 30. Portfolio Allocation by PPFs (2004); 31. Portfolio Allocation by PPFs (2005); 32. Portfolio Allocation by PPFs (2006); 33. Portfolio Allocation by PPFs (2007) 34. Portfolio Allocation by VPFs (2004)35. Portfolio Allocation by VPFs (2005); 36. Portfolio Allocation by VPFs (2006); 37. Portfolio Allocation by VPFs (2007); 38. Pension Funds Investment Regulation; III. Investment Rules for Pension Funds; IV. Relationship Between Concentration, Market Power and Demand Elasticity; 39. Lerner Indices with No Investment Income; 40. Lerner Indices with Investment Income; VII. References; Footnotes |
Record Nr. | UNINA-9910788341403321 |
Impavido Gregorio | ||
Washington, D.C. : , : International Monetary Fund, , 2008 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Efficiency and Performance of Bulgarian Private Pensions / / Gregorio Impavido |
Autore | Impavido Gregorio |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (107 p.) |
Disciplina | 331.252 |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Pensions - Bulgaria
Old age pensions - Bulgaria Actuarial Studies Asset management Asset-liability management Finance Finance, Public Financial Risk Management Government asset management Governmental Property Insurance & actuarial studies Insurance Companies Insurance International Financial Markets Labor Nonwage Labor Costs and Benefits Pension spending Pensions Private Pensions Public finance & taxation Public Finance Social Security and Public Pensions |
ISBN |
1-4623-9816-2
1-4527-9044-2 9786612842191 1-282-84219-6 1-4518-7126-0 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover Page; Title Page; Copyright Page; Contents; Glossary; I. Introduction; II. Brief Description of the Bulgarian Pension System; 1. Key Features of the Bulgarian Pension System; III. Market Structure; 2. Number of Legal Entities; 3. Direct Shareholding Structure of PICs; 4. Membership Growth and Concentration; 5. Net Assets Growth and Concentration; 6. Annual Contributions Growth and Concentration; 7. Assets of Autonomous Pension Funds in Select OECD and non-OECD Countries; 8. Concentration Indicators-Select Countries; IV. Asset Allocation and Investment Performance; A. Asset Allocation
1. Asset Allocation in 2006 in Select OECD Countries2. Asset Allocation of Bulgarian Pension Funds, 2004-07; 9. Investment Portfolios of UPFs; 10. Investment Portfolios of PPFs; 11. Investment Portfolios of VPFs; B. Investment Performance; 12. Average Maturity of PICs' Bond Portfolio (March, 2007); 13. Gross Nominal and Real Investment Performance, 2002-2007; 14. International Comparison of Real Rates of Returns; 15. Net Nominal Investment Performance, 2003-2007; C. Price Distortions; 16. Concentration and Market Power-Select Countries; V. Regulatory Framework A. Issues in the Accumulation Phase17. Minimum Return Guarantee in Select Countries; 18. Standard Deviation in Portfolio Weights and Returns of PICs; 19. Price Regulation in Select Countries; 3. Forty-year Charge Ratios in Select Countries; 20. Forty-year AUM Equivalent First Floor Fees (Select Countries, Percent); 21. Number of Transfers across Latin American Pension Funds, 2000 - mid-2007; 4. Switches in the Mexican AFORE Market (2006); B. Issues in the Payout Phase; VI. Policy Conclusions; A. The Market; B. Regulation and Supervision I. Overview of Second and Third Pillars Institutional ArrangementsII. Detailed Data by Legal Entity; 22. Membership by Legal Entity; 23. Net Assets by Legal Entity; 24. Annual Contributions by Legal Entity; 25. Annual Gross Investment Performance by Legal Entity; 26. Portfolio Allocation by UPFs (2004); 27. Portfolio Allocation by UPFs (2005); 28. Portfolio Allocation by UPFs (2006); 29. Portfolio Allocation by UPFs (2007); 30. Portfolio Allocation by PPFs (2004); 31. Portfolio Allocation by PPFs (2005); 32. Portfolio Allocation by PPFs (2006); 33. Portfolio Allocation by PPFs (2007) 34. Portfolio Allocation by VPFs (2004)35. Portfolio Allocation by VPFs (2005); 36. Portfolio Allocation by VPFs (2006); 37. Portfolio Allocation by VPFs (2007); 38. Pension Funds Investment Regulation; III. Investment Rules for Pension Funds; IV. Relationship Between Concentration, Market Power and Demand Elasticity; 39. Lerner Indices with No Investment Income; 40. Lerner Indices with Investment Income; VII. References; Footnotes |
Record Nr. | UNINA-9910812130503321 |
Impavido Gregorio | ||
Washington, D.C. : , : International Monetary Fund, , 2008 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Governance and fund management in the Chinese pension system [[electronic resource] /] / by Gregorio Impavido, Yu-Wei Hu, and Xiaohong Li ; International Monetary Fund |
Autore | Impavido Gregorio |
Pubbl/distr/stampa | Washington, D.C., : IMF, 2009 |
Descrizione fisica | 50 p |
Altri autori (Persone) |
HuYu-Wei
LiXiaohong |
Collana | IMF working paper |
Soggetto topico |
Pension trusts - Investments - China
Pension trusts - Management - China |
Soggetto genere / forma | Electronic books. |
ISBN |
1-4623-6887-5
9786612844447 1-4527-6216-3 1-4518-7393-X 1-282-84444-X |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Record Nr. | UNINA-9910463701803321 |
Impavido Gregorio | ||
Washington, D.C., : IMF, 2009 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
How the financial crisis affects pensions and insurance and why the impacts matter [[electronic resource] /] / prepared by Gregorio Impavido and Ian Tower |
Autore | Impavido Gregorio |
Pubbl/distr/stampa | [Washington, D.C.], : International Monetary Fund, Monetary and Capital Markets Dept., 2009 |
Descrizione fisica | 1 online resource (58 p.) |
Altri autori (Persone) | TowerIan |
Collana | IMF working paper |
Soggetto topico |
Global Financial Crisis, 2008-2009
Pensions Insurance |
Soggetto genere / forma | Electronic books. |
ISBN |
1-4623-9411-6
1-4527-3997-8 1-4518-7298-4 1-282-84365-6 9786612843655 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. The Role of Pension Plans and Insurance Companies; III. Key Pensions and Insurance Characteristics; Figures; 1. Role of Financial Assets in Overall; 2. Assets in DB and DC Private Plans (OECD and Latin America); IV. The Nature of Assets and Liabilities; 3. Pension Assets as Percent of GDP in OECD Countries (2007); 4. Pension Assets as Percent of GDP in Latin American Countries (06/2008); 5. Asset Allocation of OECD Private Pension plans (2006); 6. Asset Allocation (average) of Latin American Pension Plans (06/2008); Boxes
1. Insurance Companies' Balance Sheets: The Importance of ALMV. Sources of Vulnerability; 2. Insurance Companies Accounting and Solvency Requirements; Asset shocks; 7. Pension Fund Returns in Selected OECD Countries (January-October 2008); Tables; 1. Asset Changes in Corporate Plans (Major Stock Indices); 8. Corporate Plan Assets in Major Stock Indices (January 2007-April 2009); 2. Asset Changes in Mandatory DC Plans; 3. Insurance Sector Announced Losses and Capital-raising to Date; 9. CDS Spreads in the Insurance Sector; 10. Bloomberg Insurance and Bank Indices; Liability shocks 4. Liability Changes in Corporate Plans (Major Stock Indices)11. Corporate Plan Liabilities in Major Stock Indices (January 2007-April 2009); VI. Risk Sharing and Transmission Channels to the Rest of the Economy; A. Pensions; 5. Funding Ratio Changes in Corporate Plans (Major Stock Indices); 12. Changes in Accounting Funding Levels of Corporate Plans of Major Stock Indices (January 2007-April 2009); 13. Funding Ratios of U.S. State and Local Plans; 6. Composition of Household Financial Balance Sheet in Select OECD; 7. 2008 Financial Crisis and Multi-funds in Latin America 14. Minimum Pension Guarantees 8. Public Debt, Pension Spending and Implicit Pension Debt for Thirty Five Low and Middle Income Countries for Various Years During the end-1990s and 2000; B. Insurance Companies; VII. Policy Conclusions; References; Annexes; I. Liability Valuation Rules in Select OECD Countries; II. "Simpler" Presentation of FAS 87 |
Record Nr. | UNINA-9910464017503321 |
Impavido Gregorio | ||
[Washington, D.C.], : International Monetary Fund, Monetary and Capital Markets Dept., 2009 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
New policies for mandatory defined contribution pensions [[electronic resource] ] : industrial organization models and investment products / / Gregorio Impavido, Esperanza Lasagabaster, Manuel García-Huitrón |
Autore | Impavido Gregorio |
Pubbl/distr/stampa | Washington, D.C., : World Bank, 2010 |
Descrizione fisica | 1 online resource (385 p.) |
Disciplina | 331.25/2 |
Altri autori (Persone) |
LasagabasterEsperanza
García-HuitrónManuel |
Collana | Latin American development forum series |
Soggetto topico |
Defined contribution pension plans
Pensions Industrial organization |
Soggetto genere / forma | Electronic books. |
ISBN |
1-282-64537-4
9786612645372 0-8213-8317-5 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | Half title; Title; Copyright; Latin American Development Forum Series; Titles in the Latin American Development Forum Series; About the Contributors; Contents; Foreword; Acknowledgments; Abbreviations; 1 Introduction; 2 Industrial Organization Issues and Their Consequences; 3 Narrowly Focused Policies or Alternative Industrial Models?; 4 Investment Choice and the Design of Investment Options; 5 Conclusions; Index |
Record Nr. | UNINA-9910459939903321 |
Impavido Gregorio | ||
Washington, D.C., : World Bank, 2010 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
New policies for mandatory defined contribution pensions : : industrial organization models and investment products / / Gregorio Impavido, Esperanza Lasagabaster, and Manuel Garcia-Huitron |
Autore | Impavido Gregorio |
Pubbl/distr/stampa | Washington, D.C. : , : World Bank, , c2010 |
Descrizione fisica | xxi, 183 pages : illustrations ; ; 23 cm |
Disciplina | 331.25/2 |
Altri autori (Persone) |
LasagabasterEsperanza
García-HuitrónManuel |
Collana | Latin American development forum series |
Soggetto topico |
Defined contribution pension plans
Pensions Industrial organization |
ISBN |
1-282-64537-4
9786612645372 0-8213-8317-5 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | Half title; Title; Copyright; Latin American Development Forum Series; Titles in the Latin American Development Forum Series; About the Contributors; Contents; Foreword; Acknowledgments; Abbreviations; 1 Introduction; 2 Industrial Organization Issues and Their Consequences; 3 Narrowly Focused Policies or Alternative Industrial Models?; 4 Investment Choice and the Design of Investment Options; 5 Conclusions; Index |
Record Nr. | UNINA-9910785294103321 |
Impavido Gregorio | ||
Washington, D.C. : , : World Bank, , c2010 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
New policies for mandatory defined contribution pensions : : industrial organization models and investment products / / Gregorio Impavido, Esperanza Lasagabaster, and Manuel Garcia-Huitron |
Autore | Impavido Gregorio |
Pubbl/distr/stampa | Washington, D.C. : , : World Bank, , c2010 |
Descrizione fisica | xxi, 183 pages : illustrations ; ; 23 cm |
Disciplina | 331.25/2 |
Altri autori (Persone) |
LasagabasterEsperanza
García-HuitrónManuel |
Collana | Latin American development forum series |
Soggetto topico |
Defined contribution pension plans
Pensions Industrial organization |
ISBN |
1-282-64537-4
9786612645372 0-8213-8317-5 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | Half title; Title; Copyright; Latin American Development Forum Series; Titles in the Latin American Development Forum Series; About the Contributors; Contents; Foreword; Acknowledgments; Abbreviations; 1 Introduction; 2 Industrial Organization Issues and Their Consequences; 3 Narrowly Focused Policies or Alternative Industrial Models?; 4 Investment Choice and the Design of Investment Options; 5 Conclusions; Index |
Record Nr. | UNINA-9910814021803321 |
Impavido Gregorio | ||
Washington, D.C. : , : World Bank, , c2010 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|