TY  - JOUR 
AU  - Josa Fombellida, Ricardo
AU  - López Casado, Paula
AU  - Navas, Jorge
PY  - 2023
SN  - 0515-0361
UR  - https://uvadoc.uva.es/handle/10324/81458
AB  - We study the time-consistent investment and contribution policies in a defined benefit stochastic pension fund where the manager discounts the instantaneous utility over a finite planning horizon and the final function at constant but different...
LA  - spa
PB  - Cambridge University Press
KW  - Pension funding; defined benefit; heterogeneous discount; time-consistent portfolio; dynamic programming.
TI  - A defined benefit pension plan model with stochastic salary and heterogeneous discounting
DO  - 10.1017/asb.2022.22
ER  -