The cost of homogeneity in life cycle pension funds: An explanation to demand's inelasticity of Mexican pension funds with a performance attribution test

Oscar V. De la Torre Torres1, Evaristo Galeana Figueroa2, José Alvarez-García3
1Michoacan State University of Saint Nicholas and Hidalgo (UMSNH), Aristeo Mercado 58, Col. Nva. Chapultepec, 58280 Morelia, Michoacán, Mexico
2Michoacan State University of Saint Nicholas and Hidalgo (UMSNH), Francisco J Mújica S/N (Ciudad Universitaria), Edificio A2, 58030 Morelia, Michoacán, Mexico
3University of Extremadura, Departamento de Economia Financiera y Contabilidad, Avenida Universidad No. 47, 10071 Extremadura, Cáceres, Spain

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