EDHEC: Investment Solutions for East Asia's Pension Savings
Two of the most commonplace stylised facts about East Asia have to do with pension issues: the region’s population is ageing fast and its household sector has high savings rates. Both ideas are intuitively related: as demographic transitions occur, more individuals should save in preparation for their retirement.
In this paper, we examine the relationship between savings and retirement income in East Asia, de��ned as North-East Asia and Greater China (Japan, Korea, Taiwan, China and Hong
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