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Detail
BukuAn Analysis of money's worth ratios in chile
Bibliografi
Author: Thorburn, Craig ; Rocha, Roberto ; Morales, Marco
Topik: Chile; Money Worth Ratio; Market Transparency; (WP 3926)
Bahasa: (EN )    Edisi: May 2006    
Penerbit: Bank Dunia     Tempat Terbit: Washington D.C.    Tahun Terbit: 2006    
Jenis: Books
Fulltext: 200603000530.pdf (363.03KB; 0 download)
Ketersediaan
  • Perpustakaan PKPM
    • Nomor Panggil: 341.123.004 WP 3926 Tho a
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
    Lihat Detail Induk
Abstract
Empirical analyses of annuities markets have been limited to a few industrial countries and restrictedby data limitations. Chile provides excellent conditions for research on annuities because of the depth of its market and the availability of data. The authors use an extensive dataset on individual annuities to examine econometically a measure of market performance-money's worth ratios (MWRs)-or the ratio of the expected present value of annuity payments to the premium.
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