Title:

The influence of subjective loss perception on individual prediction of pension scheme rate of return

Group publication title:

Financial Sciences. Nauki o Finansach

Title in english:

Wpływ subiektywnej oceny straty na szacowanie indywidualnej stopy zwrotu z systemu emerytalnego

Creator:

Bobrowska, Agnieszka ; Maciejasz-Świątkiewicz, Marta

Subject and Keywords:

hyperbolic discounting ; pension scheme ; retirement savings ; system emerytalny ; dyskontowanie hiperboliczne ; oszczędzanie na emeryturę

Description:

Nauki o Finansach = Financial Sciences, 2012, Nr 1 (10), s. 11-20

Abstrakt:

The article presents how people subjectively measure the effects of the Polish retirement system. To verify this a survey was conducted in which respondents had to estimate the sum that was going to be collected in the retirement account through the institution of social insurance by 10, 20 or 30 years and individually. The sum was going to be collected thanks to regular payments of 5000 PLN every year. The hypotheses put at the beginning were fully confirmed and the survey proved that hyperbolic discounting really works and that the level of subjective rate of loss is quite high

Publisher:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Place of publication:

Wrocław

Date:

2012

Resource Type:

artykuł

Format:

application/pdf

Language:

eng

Relation:

Nauki o Finansach = Financial Sciences, 2012, Nr 1 (10)

Rights:

Wszystkie prawa zastrzeżone (Copyright)

Access Rights:

Dla wszystkich w zakresie dozwolonego użytku

Location:

Uniwersytet Ekonomiczny we Wrocławiu