Abstract

GARCIA PADRON, Yaiza  and  GARCIA BOZA, Juan. Beta risk to individual pension plans in Spain. Innovar [online]. 2009, vol.19, n.33, pp.91-104. ISSN 0121-5051.

This work was mainly aimed at a rigorous study of beta risk to individual Spanish pension plans from 1995-2003, analysing their characterisation, stability and prediction, several measurements being used leading to ratifying results. A sample of plans was thus analysed jointly as well as being divided into three groups regarding weighting variable income (variable-mixed variable income, mixed fixed income II and mixed fixed income I); four different approaches were used for market portfolio.

Keywords : pension plan; beta risk; stability; prediction.

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