European Proceedings Logo

Modeling of Return on Pension Funds, Taking into Account Risk Factors and Impact on the Well-Being of the Older Generation

Table 6:

MICEX Government bonds Second-tier stocks Corporate bonds
MICEX x12δ12 x1x2δ12=x1x2 β12δ1δ2 x1x3δ13=x1x3 β13δ1δ3 x1x4δ14=x1x4 β14δ1δ4
Government bonds x2x1δ21=x2x1 β21δ2δ1 x22δ22 x2x3δ23=x2x3 β23δ2δ3 x2x4δ24=x2x4 β24δ2δ4
Second-tier stocks x3x1δ31=x3x1 β31δ3δ1 x3x2δ32=x3x2 β32δ3δ2 x32δ32 x3x4δ34=x3x4 β34δ3δ4
Corporate bonds x4x1δ41=x4x1 β41δ4δ1 x4x2δ42=x4x2 β42δ4δ2 x4x3δ43=x4x3 β43δ4δ3 x42δ42
< Back to article

We care about your privacy

We use cookies or similar technologies to access personal data, including page visits and your IP address. We use this information about you, your devices and your online interactions with us to provide, analyse and improve our services. This may include personalising content or advertising for you. You can find out more in our privacy policy and cookie policy and manage the choices available to you at any time by going to ‘Privacy settings’ at the bottom of any page.

Manage My Preferences

You have control over your personal data. For more detailed information about your personal data, please see our Privacy Policy and Cookie Policy.

These cookies are essential in order to enable you to move around the site and use its features, such as accessing secure areas of the site. Without these cookies, services you have asked for cannot be provided.

Third-party advertising and social media cookies are used to
(1) deliver advertisements more relevant to you and your interests;
(2) limit the number of times you see an advertisement;
(3) help measure the effectiveness of the advertising campaign; and
(4) understand people’s behavior after they view an advertisement.
They remember that you have visited a site and quite often they will be linked to site functionality provided by the other organization. This may impact the content and messages you see on other websites you visit.