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dc.creatorJulio-Román, Juan Manuel
dc.date.created2009-01-08
dc.date.issued2009-01-08
dc.identifier.urihttps://repositorio.banrep.gov.co/handle/20.500.12134/5563
dc.description.abstractA minimum performance insurance in the Principal-Agent problem is wealth reducing to the principal. This result points to further inefficiencies in mandatory individual Pension Funds' contracts, particularly the one established in the 1993's 100th Law in
dc.format.mimetypePDF
dc.language.isospa
dc.publisherBanco de la República
dc.relation.ispartofDocumentos de Trabajo
dc.relation.ispartofseriesBorradores de Economía
dc.relation.isversionofBorradores de Economía; No. 546
dc.rights.accessRightsOpen Access
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/
dc.titlePrincipal-agent problem with minimum performance insurance: the case of mandatory individual pension accounts
dc.typeWorking Paper
dc.subject.jelD86 - Economics of Contract: Theory
dc.subject.jelD82 - Asymmetric and Private Information; Mechanism Design
dc.subject.jelG23 - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
dc.subject.keywordIncentives
dc.subject.keywordAgency theory
dc.subject.keywordPensions
dc.subject.lembFondos de pensiones -- Rendimiento financiero -- Colombia
dc.subject.lembIncentivos financieros -- Colombia
dc.type.spaDocumentos de trabajo
dc.rights.spaAcceso abierto
dc.rights.ccAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0
dc.subject.jelspaG23 - Instituciones financieras (excepto bancos); Instrumentos financieros; Inversores institucionales
dc.subject.jelspaD86 - Economía de los contratos: teoría
dc.subject.jelspaD82 - Información privada y asimétrica; Diseño de mecanismos
dc.type.hasversionPublished Version
dc.coverage.sucursalBogotá
dc.relation.doihttps://doi.org/10.32468/be.546
dc.rights.disclaimerLas opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
dc.relation.repechttps://ideas.repec.org/p/bdr/borrec/546.html
dc.relation.dotechttps://ideas.repec.org/p/col/000094/005222.html
dc.identifier.handlehttps://hdl.handle.net/20.500.12134/5563
dc.creator.firmaJulio-Román, Juan Manuel
dc.source.handleRepecRePEc:bdr:borrec:546
dc.source.handleRepecRePEc:col:000094:005222


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