Modeling of Return on Pension Funds, Taking into Well-being of Older Generation

The hypothesis that the well-being of the older generation can be improved by increasing the efficiency of pension savings investments into more profitable securities is proposed.A key factor, which increases the return on investment at a constant level of risk, is to diversify risk in the preparation of the portfolio. The well-being of older generations in terms of the need for optimum use of pension savings is considered. Four types of securities with different levels of risk and return, which theoretically can be invested pension funds are taken for analysis. Opportunities for investment securities in the simple and expanded portfolios are determined on the basis of existing legislation. Portfolios with different risk levels are compared. The principle of diversification is used. The curve of return and risk of various possible investment portfolios is simulated. The study is based on statistical methods.The opportunities for investing pension savings in securities with a higher level of profitability while maintaining a constant risk is demonstrated. The study focused on the revision of legislation in the field of investments of the pension funds of the Russian Federation in the stocks and bonds of Russian companies

Correlation between Happy Planet Index with Education on the Example of Russia and Austria

In this article we will focus on the indicators, which in our view the government should level the quality of welfare of the population. Such a future indicator is the Happy Planet Index (HPI). We have previously reviewed his history, compared the Happy Planet Index of Russia among other countries, have evaluated the factors that are expected the Index to Tomsk. We also discussed the paradox of HPI in Russia, saying that when the world crisis, the Index falls, while in Russia it grows. Now, we decided to consider the Happy Planet Index of Russia with a country that has made a breakthrough in the overall ranking. This country was Austria: in a very short period, she changed her position with 30 seats. After analyzing the policy of this country, we came to the conclusion that in this period the country much attention was given to educational programs. On that basis, we suggested the hypothesis that if the state would work to level of education in the country, then the population will be happier. To evaluate this hypothesis, we used econometric methods by building a regression model for each country. Identified factors and gave them a description