Income Risks, Operational Costs and Government Intervention in the Private Pension Market
Bu çalişma, son yillarda Türkiyede özel emeklilik fonlarina katilim üzerinedir. İlk olarak, özel emeklilik fonlarinin yönetimine ilişkin operasyonel maliyetlerin geli- şimi ve etkileri ele alindi. Ardindan bu özel yatirim planina katkida bulunan bi- reyleri gelirlerinin değişkenliğine göre inceledik. Özel emeklilik piyasasina dev- let müdahalesinin etkileri tartişildi. Bu yatirim olanağinin çekiciliğini arttirmak için devlet müdahalesi gerekli gözükmektedir. Bu durum ise tartişmaya açiktir çünkü başlangiçta özel emeklilik fonlari birçok verimli serbest piyasa firsatlari sunduk- lari için ortaya atilmişlardir.
Özel Emeklilik Piyasasinda Gelir Riskleri, Operasyonel Maliyetler ve Devlet Müdahalesi
This paper deals with the participation to individual accounts in the last decade in Turkey. We first deal with the evolution of administrative costs and their im- pact. Then, we deal the different categories of agents contributing to this priva- te investment plan in term of income variability. We conclude with the impact of government intervention to this retirement investment plan. Regulation of retire- ment insurance market seems necessary to increase attractiveness of funded scheme. This, however, is an open question and contradicts the starting point of individual accounts; to offer many fruitful free market opportunities.
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- ISSN: 1307-7112
- Yayın Aralığı: Yılda 4 Sayı
- Başlangıç: 1963
- Yayıncı: İSTANBUL OKAN ÜNİVERSİTESİ
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