Constructions of the Average Rate of Return of Pension or Investment Funds Based on Chain Indices

被引：0

作者：

Bialek, Jacek ^{[1
]}

机构：

[1] Univ Lodz, PL-90131 Lodz, Poland

来源：

STATISTIKA-STATISTICS AND ECONOMY JOURNAL | 2014年 / 94卷 / 04期

关键词：

Average rate of return; stochastic process; martingale; chain indices;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In this paper we consider the problem of the proper construction of the average rate of return of pension (or investment) funds. We refer to some economical postulates given by Gajek and Kaluszka (2000). We present, discuss and compare several measures of the average rate of return of funds. We also present alternative measures based on original chain indices. We take into consideration discrete and continuous time stochastic models.

引用

页码：29 / 42

页数：14

共 17 条

[1] A characterization of the Tornqvist price index [J].