Financial Markets and Portfolio Management

, Volume 18, Issue 4, pp 399–418 | Cite as

Die prämienbegünstigte Zukunftsvorsorge in Österreich: Ein attraktives investment?

  • Michael Halling
  • Georg Mosburger
  • Otto Randl
Article

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Literatur

  1. ALBRECHT, P., I. DUS, R. MAURER und U. RUCKPAUL (2002): “Cost-Average Effekt: Fakt oder Mythos?”, Mannheimer Manuskripte zu Risikotheorie, Portfolio Management und Versicherungswirtschaft.Google Scholar
  2. BIRGE, J. and F. LOUVEAUX (1997): Introduction to Stochastic Programming, Springer Verlag, New York.Google Scholar
  3. BODIE, Z. (1995): “On the Risk of Stocks in the Long Run”, Financial Analysts Journal, May/June 1995.Google Scholar
  4. BODIE, Z. (2001): “Retirement Investing: A New Approach”, The Pensions Institute, Birkbeck College, Discussion Paper PI-0105.Google Scholar
  5. BODIE, Z. (2002): “Life-Cycle Finance in Theory and in Practice”, Boston University School of Management Working Paper 02.Google Scholar
  6. BUBB, A. und H. ZIMMERMANN (2002): “Das Risiko der Vorsorge — Die zweite Säule unter dem Druck der alternden Gesellschaft”, Finanzmarkt und Portfoliomanagement 16/2, p. 155–178.Google Scholar
  7. CAMPBELL, J. Y., A. W. LO and A. C. MACKINLAY (1997): The Econometrics of Financial Markets, Princeton University Press, Princeton.Google Scholar
  8. CAMPBELL, J. Y. and L. M. VICEIRA (2002): Strategic Asset Allocation — Portfolio Choice for Long-Term Investors, Oxford University Press, Oxford.Google Scholar
  9. DANIEL, K., M. GRINBLATT, S. TITMANN and R. WERMERS (1997): “Measuring Mutual Fund Performance with Characteristic-Based Benchmarks”, Journal of Finance 52(3).Google Scholar
  10. DAVIS, E. P. (2001): “Prudent Person Rules or Quantitative Restrictions? The Regulation of Long-Term Institutional Investors’ Portfolios”, Working Paper Brunel University.Google Scholar
  11. DAVIS, E. P. (2002): “Ageing and Financial Stability”, Working Paper, Brunel University.Google Scholar
  12. FISCHER, E. O. (2003): “Die prämienbegünstigte Zukunftsvorsorge: Darstellung, Analyse und Bewertung”, Karl-Franzens-Universität Graz.Google Scholar
  13. HULL, J. C. (1997): Options, Futures and Other Derivatives, 3rd Edition, Prentice-Hall.Google Scholar
  14. IBBOTSON ASSOCIATES (2002): International Equity Risk Premia, Annual Report.Google Scholar
  15. LACHANCE, M.-E. and O. S. MITCHELL (2002): “Understanding Individual Account Guarantees”, NBER working paper series.Google Scholar
  16. MARKOWITZ, H. (1952): “Portfolio Selection”, Journal of Finance 7, pp. 77–91.CrossRefGoogle Scholar
  17. MAURER, R. and C. SCHLAG (2002): “Money-Back Guarantees in Individual Pension Accounts: Evidence from the German Pension Reform”, forthcoming in Olivia S. Mitchell and Kent Smetters (eds.): The Pension Challenge: Risk Tranfers and Retirement Income Security.Google Scholar
  18. ODIER, P., SOLNIK, B. and J. M. MIVELAZ (1991): “International Diversification for Swiss Pension Funds”, Finanzmarkt und Portfoliomanagement 1, S. 20–38.Google Scholar
  19. SAMUELSON, P. (1963): “Risk and Uncertainty: A Fallacy of Large Numbers”, Scientia 98 1993: 1–6.Google Scholar
  20. SIRRI, E. R. and P. TUFANO (1998): “Costly Search and Mutual Fund Flows”, Journal of Finance 53, pp. 1589–1622.CrossRefGoogle Scholar
  21. SPREMANN, K. (2000): Portfoliomanagement, Oldenbourg Verlag, München.Google Scholar

Copyright information

© Swiss Society for Financial Market Research 2004

Authors and Affiliations

  • Michael Halling
    • 1
  • Georg Mosburger
    • 1
  • Otto Randl
    • 2
  1. 1.Institut für Betriebswirtschaftslehre, Fachbereich für Finanzwirtschaft und BankenUniversität WienWien
  2. 2.Institut für strategische KapitalmarktforschungWien

Personalised recommendations