How efficient are pension fund managers in Chile?

Detalhes bibliográficos
Autor(a) principal: Barrientos, Armando
Data de Publicação: 2018
Outros Autores: Boussofiane, Aziz
Tipo de documento: Artigo
Idioma: por
Texto Completo: https://revistas.ufrj.br/index.php/rec/article/view/19856
Resumo: The paper measures and evaluates technical efficiency among pension fund managers in Chile. Recent pension reform has established pension fund management market in nine countries in Latin America. The new pension providers compete for affilitates on the basis of fees, rates of return, and quality of service, and are subject to extensive regulation. Applying data envelopment analysis to data from Chile 1982-1999, the paper examines issues of efficiency, competition, and regulation. The analysis concludes that pension fund managers operate below the estimated "efficiency frontier", and there is no evidence of a sustained upward trend in technical efficiency over time. 
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network_name_str Revista de Economia Contemporânea
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spelling How efficient are pension fund managers in Chile?Barrientos, ArmandoBoussofiane, Azizpension reformpension fund managersefficiencycompetitionregulationH55The paper measures and evaluates technical efficiency among pension fund managers in Chile. Recent pension reform has established pension fund management market in nine countries in Latin America. The new pension providers compete for affilitates on the basis of fees, rates of return, and quality of service, and are subject to extensive regulation. Applying data envelopment analysis to data from Chile 1982-1999, the paper examines issues of efficiency, competition, and regulation. The analysis concludes that pension fund managers operate below the estimated "efficiency frontier", and there is no evidence of a sustained upward trend in technical efficiency over time. IE-UFRJ2018-08-28info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArtigo avaliado pelos Paresapplication/pdfhttps://revistas.ufrj.br/index.php/rec/article/view/19856Revista de Economia Contemporânea; Rev. Econ. Contemp., v. 9, n. 2, mai./ago. 2005Journal of Contemporary Economics; Rev. Econ. Contemp., v. 9, n. 2, mai./ago. 20051980-5527porhttps://revistas.ufrj.br/index.php/rec/article/view/19856/11504Copyright (c) 2018 Armando Barrientos, Aziz Boussofianeoai:ojs.pkp.sfu.ca:article/198562019-08-02T17:46:38Z
dc.title.none.fl_str_mv How efficient are pension fund managers in Chile?
title How efficient are pension fund managers in Chile?
spellingShingle How efficient are pension fund managers in Chile?
Barrientos, Armando
pension reform
pension fund managers
efficiency
competition
regulation
H55
title_short How efficient are pension fund managers in Chile?
title_full How efficient are pension fund managers in Chile?
title_fullStr How efficient are pension fund managers in Chile?
title_full_unstemmed How efficient are pension fund managers in Chile?
title_sort How efficient are pension fund managers in Chile?
dc.creator.none.fl_str_mv Barrientos, Armando
Boussofiane, Aziz
author Barrientos, Armando
author_facet Barrientos, Armando
Boussofiane, Aziz
author_role author
author2 Boussofiane, Aziz
author2_role author
dc.subject.none.fl_str_mv pension reform
pension fund managers
efficiency
competition
regulation
H55
topic pension reform
pension fund managers
efficiency
competition
regulation
H55
description The paper measures and evaluates technical efficiency among pension fund managers in Chile. Recent pension reform has established pension fund management market in nine countries in Latin America. The new pension providers compete for affilitates on the basis of fees, rates of return, and quality of service, and are subject to extensive regulation. Applying data envelopment analysis to data from Chile 1982-1999, the paper examines issues of efficiency, competition, and regulation. The analysis concludes that pension fund managers operate below the estimated "efficiency frontier", and there is no evidence of a sustained upward trend in technical efficiency over time. 
publishDate 2018
dc.date.none.fl_str_mv 2018-08-28
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Artigo avaliado pelos Pares
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://revistas.ufrj.br/index.php/rec/article/view/19856
url https://revistas.ufrj.br/index.php/rec/article/view/19856
dc.language.none.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://revistas.ufrj.br/index.php/rec/article/view/19856/11504
dc.rights.none.fl_str_mv Copyright (c) 2018 Armando Barrientos, Aziz Boussofiane
rights_invalid_str_mv Copyright (c) 2018 Armando Barrientos, Aziz Boussofiane
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv IE-UFRJ
publisher.none.fl_str_mv IE-UFRJ
dc.source.none.fl_str_mv Revista de Economia Contemporânea; Rev. Econ. Contemp., v. 9, n. 2, mai./ago. 2005
Journal of Contemporary Economics; Rev. Econ. Contemp., v. 9, n. 2, mai./ago. 2005
1980-5527
repository.name.fl_str_mv
repository.mail.fl_str_mv
_version_ 1789436682000400384

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