SciELO - Scientific Electronic Library Online

 
 issue66Evaluation of private administration of public educational services in MedellinA dynamic analysis of the effect of fortuitous earnings on labor participation author indexsubject indexarticles search
Home Pagealphabetic serial listing  

Services on Demand

Journal

Article

Indicators

Related links

  • On index processCited by Google
  • Have no similar articlesSimilars in SciELO
  • On index processSimilars in Google

Share


Lecturas de Economía

Print version ISSN 0120-2596

Abstract

ARANGO, Luis Eduardo  and  MELO, Luis Fernando. Determinants of the choice of pensions administrator in Colombia: first estimations from aggregates. Lect. Econ. [online]. 2007, n.66, pp.173-212. ISSN 0120-2596.

This paper is aimed at studying the main determinants of people s choice of a pension fund manager. By using information of the individual saving system (the private system) between 1998 and 2005, and applying panel cointegration techniques, the paper provides evidence in the sense that the rate of return and the employed population are the main determinants of the number of active participants to the different pension fund managers. The average value of the fund, used as a proxy of other variables such as the manager s capability to promote their product and contact potential participants, was not significant.

Keywords : Pension Fund Managers; return; panel cointegration.

        · abstract in Spanish | French     · text in Spanish     · Spanish ( pdf )

 

Creative Commons License All the contents of this journal, except where otherwise noted, is licensed under a Creative Commons Attribution License