The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies:
A period of protracted low interest rates is a feasible, even if not the most likely, scenario going forward and such a scenario would adversely affect pension funds and insurance companies. Protracted low interest rates affect investment opportunities and have a potentially significant adverse effe...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Weitere Verfasser: | , |
| Format: | Elektronisch Artikel |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2011
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | A period of protracted low interest rates is a feasible, even if not the most likely, scenario going forward and such a scenario would adversely affect pension funds and insurance companies. Protracted low interest rates affect investment opportunities and have a potentially significant adverse effect on life insurance companies and institutions whose liabilities consist of a fixed investment return or benefit promises, such as is the case for defined-benefit pension funds. It cannot be ruled out that the financial institutions affected engage in "gambling for redemption" in an attempt to match the level of return promised to beneficiaries when financial markets were more elevated. |
| Beschreibung: | 1 Online-Ressource (20 p.) 21 x 28cm. |
| DOI: | 10.1787/fmt-2011-5kg55qw0m56l |
Internformat
MARC
| LEADER | 00000caa a22000002 4500 | ||
|---|---|---|---|
| 001 | ZDB-13-SOC-061270156 | ||
| 003 | DE-627-1 | ||
| 005 | 20231204121346.0 | ||
| 007 | cr uuu---uuuuu | ||
| 008 | 210204s2011 xx |||||o 00| ||eng c | ||
| 024 | 7 | |a 10.1787/fmt-2011-5kg55qw0m56l |2 doi | |
| 035 | |a (DE-627-1)061270156 | ||
| 035 | |a (DE-599)KEP061270156 | ||
| 035 | |a (FR-PaOEC)fmt-2011-5kg55qw0m56l | ||
| 035 | |a (EBP)061270156 | ||
| 040 | |a DE-627 |b ger |c DE-627 |e rda | ||
| 041 | |a eng | ||
| 100 | 1 | |a Antolin, Pablo |e VerfasserIn |4 aut | |
| 245 | 1 | 4 | |a The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies |c Pablo, Antolin, Sebastian, Schich and Juan, Yermo |
| 264 | 1 | |a Paris |b OECD Publishing |c 2011 | |
| 300 | |a 1 Online-Ressource (20 p.) |c 21 x 28cm. | ||
| 336 | |a Text |b txt |2 rdacontent | ||
| 337 | |a Computermedien |b c |2 rdamedia | ||
| 338 | |a Online-Ressource |b cr |2 rdacarrier | ||
| 520 | |a A period of protracted low interest rates is a feasible, even if not the most likely, scenario going forward and such a scenario would adversely affect pension funds and insurance companies. Protracted low interest rates affect investment opportunities and have a potentially significant adverse effect on life insurance companies and institutions whose liabilities consist of a fixed investment return or benefit promises, such as is the case for defined-benefit pension funds. It cannot be ruled out that the financial institutions affected engage in "gambling for redemption" in an attempt to match the level of return promised to beneficiaries when financial markets were more elevated. | ||
| 650 | 4 | |a Finance and Investment | |
| 700 | 1 | |a Schich, Sebastian |e MitwirkendeR |4 ctb | |
| 700 | 1 | |a Yermo, Juan |e MitwirkendeR |4 ctb | |
| 773 | 0 | 8 | |i Enthalten in |t OECD Journal: Financial Market Trends |g Vol. 2011, no. 1, p. 237-256 |
| 773 | 1 | 8 | |g volume:2011 |g year:2011 |g number:1 |g pages:237-256 |
| 856 | 4 | 0 | |l FWS01 |p ZDB-13-SOC |q FWS_PDA_SOC |u https://doi.org/10.1787/fmt-2011-5kg55qw0m56l |3 Volltext |
| 912 | |a ZDB-13-SOC | ||
| 912 | |a ZDB-13-SOC-article | ||
| 912 | |a ZDB-13-SOC | ||
| 951 | |a AR | ||
| 912 | |a ZDB-13-SOC | ||
| 049 | |a DE-863 | ||
Datensatz im Suchindex
| DE-BY-FWS_katkey | ZDB-13-SOC-061270156 |
|---|---|
| _version_ | 1816797353696296961 |
| adam_text | |
| any_adam_object | |
| author | Antolin, Pablo |
| author2 | Schich, Sebastian Yermo, Juan |
| author2_role | ctb ctb |
| author2_variant | s s ss j y jy |
| author_facet | Antolin, Pablo Schich, Sebastian Yermo, Juan |
| author_role | aut |
| author_sort | Antolin, Pablo |
| author_variant | p a pa |
| building | Verbundindex |
| bvnumber | localFWS |
| collection | ZDB-13-SOC ZDB-13-SOC-article |
| ctrlnum | (DE-627-1)061270156 (DE-599)KEP061270156 (FR-PaOEC)fmt-2011-5kg55qw0m56l (EBP)061270156 |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1787/fmt-2011-5kg55qw0m56l |
| format | Electronic Article |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02061caa a22003852 4500</leader><controlfield tag="001">ZDB-13-SOC-061270156</controlfield><controlfield tag="003">DE-627-1</controlfield><controlfield tag="005">20231204121346.0</controlfield><controlfield tag="007">cr uuu---uuuuu</controlfield><controlfield tag="008">210204s2011 xx |||||o 00| ||eng c</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/fmt-2011-5kg55qw0m56l</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-627-1)061270156</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)KEP061270156</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(FR-PaOEC)fmt-2011-5kg55qw0m56l</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(EBP)061270156</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-627</subfield><subfield code="b">ger</subfield><subfield code="c">DE-627</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1=" " ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Antolin, Pablo</subfield><subfield code="e">VerfasserIn</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="4"><subfield code="a">The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies</subfield><subfield code="c">Pablo, Antolin, Sebastian, Schich and Juan, Yermo</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2011</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (20 p.)</subfield><subfield code="c">21 x 28cm.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">Text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">Computermedien</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">Online-Ressource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">A period of protracted low interest rates is a feasible, even if not the most likely, scenario going forward and such a scenario would adversely affect pension funds and insurance companies. Protracted low interest rates affect investment opportunities and have a potentially significant adverse effect on life insurance companies and institutions whose liabilities consist of a fixed investment return or benefit promises, such as is the case for defined-benefit pension funds. It cannot be ruled out that the financial institutions affected engage in "gambling for redemption" in an attempt to match the level of return promised to beneficiaries when financial markets were more elevated.</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Finance and Investment</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Schich, Sebastian</subfield><subfield code="e">MitwirkendeR</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Yermo, Juan</subfield><subfield code="e">MitwirkendeR</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Enthalten in</subfield><subfield code="t">OECD Journal: Financial Market Trends</subfield><subfield code="g">Vol. 2011, no. 1, p. 237-256</subfield></datafield><datafield tag="773" ind1="1" ind2="8"><subfield code="g">volume:2011</subfield><subfield code="g">year:2011</subfield><subfield code="g">number:1</subfield><subfield code="g">pages:237-256</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="l">FWS01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="q">FWS_PDA_SOC</subfield><subfield code="u">https://doi.org/10.1787/fmt-2011-5kg55qw0m56l</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC-article</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="951" ind1=" " ind2=" "><subfield code="a">AR</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-863</subfield></datafield></record></collection> |
| id | ZDB-13-SOC-061270156 |
| illustrated | Not Illustrated |
| indexdate | 2024-11-26T14:56:14Z |
| institution | BVB |
| language | English |
| open_access_boolean | |
| owner | DE-863 DE-BY-FWS |
| owner_facet | DE-863 DE-BY-FWS |
| physical | 1 Online-Ressource (20 p.) 21 x 28cm. |
| psigel | ZDB-13-SOC ZDB-13-SOC-article |
| publishDate | 2011 |
| publishDateSearch | 2011 |
| publishDateSort | 2011 |
| publisher | OECD Publishing |
| record_format | marc |
| spelling | Antolin, Pablo VerfasserIn aut The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies Pablo, Antolin, Sebastian, Schich and Juan, Yermo Paris OECD Publishing 2011 1 Online-Ressource (20 p.) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier A period of protracted low interest rates is a feasible, even if not the most likely, scenario going forward and such a scenario would adversely affect pension funds and insurance companies. Protracted low interest rates affect investment opportunities and have a potentially significant adverse effect on life insurance companies and institutions whose liabilities consist of a fixed investment return or benefit promises, such as is the case for defined-benefit pension funds. It cannot be ruled out that the financial institutions affected engage in "gambling for redemption" in an attempt to match the level of return promised to beneficiaries when financial markets were more elevated. Finance and Investment Schich, Sebastian MitwirkendeR ctb Yermo, Juan MitwirkendeR ctb Enthalten in OECD Journal: Financial Market Trends Vol. 2011, no. 1, p. 237-256 volume:2011 year:2011 number:1 pages:237-256 FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/fmt-2011-5kg55qw0m56l Volltext |
| spellingShingle | Antolin, Pablo The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies Finance and Investment |
| title | The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies |
| title_auth | The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies |
| title_exact_search | The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies |
| title_full | The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies Pablo, Antolin, Sebastian, Schich and Juan, Yermo |
| title_fullStr | The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies Pablo, Antolin, Sebastian, Schich and Juan, Yermo |
| title_full_unstemmed | The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies Pablo, Antolin, Sebastian, Schich and Juan, Yermo |
| title_short | The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies |
| title_sort | economic impact of protracted low interest rates on pension funds and insurance companies |
| topic | Finance and Investment |
| topic_facet | Finance and Investment |
| url | https://doi.org/10.1787/fmt-2011-5kg55qw0m56l |
| work_keys_str_mv | AT antolinpablo theeconomicimpactofprotractedlowinterestratesonpensionfundsandinsurancecompanies AT schichsebastian theeconomicimpactofprotractedlowinterestratesonpensionfundsandinsurancecompanies AT yermojuan theeconomicimpactofprotractedlowinterestratesonpensionfundsandinsurancecompanies AT antolinpablo economicimpactofprotractedlowinterestratesonpensionfundsandinsurancecompanies AT schichsebastian economicimpactofprotractedlowinterestratesonpensionfundsandinsurancecompanies AT yermojuan economicimpactofprotractedlowinterestratesonpensionfundsandinsurancecompanies |