TY  - JOUR 
AU  - Josa Fombellida, Ricardo
AU  - López Casado, Paula
PY  - 2025
SN  - 0167-6687
UR  - https://uvadoc.uva.es/handle/10324/76946
AB  - In this paper, we study the optimal management of a target benefit pension plan. The fund manager adjusts the
benefit to guarantee the plan stability. The fund can be invested in a riskless asset and several risky assets, where
the uncertainty comes...
LA  - eng
PB  - Elsevier
KW  - Target benefit pension plan
KW  - Portfolio optimization
KW  - Stochastic optimal control
KW  - Poisson process
KW  - Stochastic dynamic programming
TI  - Optimal investment and benefit strategies for a target benefit pension plan where the risky assets are jump diffusion processes
DO  - 10.1016/j.insmatheco.2025.01.002
ER  -