This report assesses the impact of regulatory regimes on the market performance of private pension funds in Latin American countries that have undertaken reforms of their pension systems. It focuses, in particular, on the effects of "draconian" regulation, a set of rules on the industry's structure, investment regime, and performnce. The authors conclude that while such rules may have achieved their basic objective of safeguarding workers' retirement...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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1999/06/30
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Публикации
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19562
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1
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1
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2010/07/01
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Do investment regulations compromise pension fund performance - evidence from Latin America
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real rate of return
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