Zhen Shi

MANAGING FINANCIALLY DISTRESSED PENSION PLANS IN THE INTEREST OF BENEFICIARIES

Joachim Inkmann, David Blake, Zhen Shi

Journal article  |  2017  |  JOURNAL OF RISK AND INSURANCE

The beneficiaries of a corporate defined benefit pension plan in financial distress care about the security of their promised pens..

Life-cycle patterns in the design and adoption of default funds in DC pension plans

Joachim Inkmann, Zhen Shi

Journal article  |  2016  |  JOURNAL OF PENSION ECONOMICS & FINANCE

We argue that we should see a negative relationship between the share of risky assets in the default fund of a defined contributio..

Parametric Portfolio Policies in the Surplus Consumption Ratio

Joachim Inkmann, Zhen Shi

Journal article  |  2015  |  INTERNATIONAL REVIEW OF FINANCE

The surplus consumption ratio plays a central role as a state variable in successful attempts to explain the time series propertie..

Short-horizon regulation for long-term investors

Zhen Shi, Bas JM Werker

Journal article  |  2012  |  JOURNAL OF BANKING & FINANCE

We study the effects of imposing repeated short-horizon regulatory constraints on long-term investors. We show that Value-at-Risk ..

Economic Costs and Benefits of Imposing Short-Horizon Value-at-Risk Type Regulation

Z Shi, BJM Werker

Report  |  2011

Annuitization and retirement timing decisions

Z SHI

Report  |  2009

Pension fund portfolio wealth under short-term regulation. (Netspar Discussion Paper No. 12/2009-054 )

Z SHI, BJM Werker

Report  |  2009