{"id":"https://openalex.org/W2919453895","doi":"https://doi.org/10.1007/s40314-019-0790-z","title":"Management strategies for a defined contribution pension fund under the hybrid stochastic volatility model","display_name":"Management strategies for a defined contribution pension fund under the hybrid stochastic volatility model","publication_year":2019,"publication_date":"2019-03-05","ids":{"openalex":"https://openalex.org/W2919453895","doi":"https://doi.org/10.1007/s40314-019-0790-z","mag":"2919453895"},"language":"en","primary_location":{"id":"doi:10.1007/s40314-019-0790-z","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s40314-019-0790-z","pdf_url":null,"source":{"id":"https://openalex.org/S4210195884","display_name":"Computational and Applied Mathematics","issn_l":"1807-0302","issn":["1807-0302","2238-3603"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Computational and Applied Mathematics","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5070268850","display_name":"Patrick Kandege Mwanakatwe","orcid":"https://orcid.org/0000-0003-3390-6573"},"institutions":[{"id":"https://openalex.org/I27357992","display_name":"Dalian University of Technology","ror":"https://ror.org/023hj5876","country_code":"CN","type":"education","lineage":["https://openalex.org/I27357992"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Patrick Kandege Mwanakatwe","raw_affiliation_strings":["School of Mathematical Sciences, Dalian University of Technology, Linggong Road 2, Dalian, China"],"raw_orcid":"https://orcid.org/0000-0003-3390-6573","affiliations":[{"raw_affiliation_string":"School of Mathematical Sciences, Dalian University of Technology, Linggong Road 2, Dalian, China","institution_ids":["https://openalex.org/I27357992"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5101589057","display_name":"Lixin Song","orcid":"https://orcid.org/0000-0003-3318-5673"},"institutions":[{"id":"https://openalex.org/I27357992","display_name":"Dalian University of Technology","ror":"https://ror.org/023hj5876","country_code":"CN","type":"education","lineage":["https://openalex.org/I27357992"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Lixin Song","raw_affiliation_strings":["School of Mathematical Sciences, Dalian University of Technology, Linggong Road 2, Dalian, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Mathematical Sciences, Dalian University of Technology, Linggong Road 2, Dalian, China","institution_ids":["https://openalex.org/I27357992"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5073564855","display_name":"Emmanuel Hagenimana","orcid":"https://orcid.org/0000-0002-5470-3372"},"institutions":[{"id":"https://openalex.org/I27357992","display_name":"Dalian University of Technology","ror":"https://ror.org/023hj5876","country_code":"CN","type":"education","lineage":["https://openalex.org/I27357992"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Emmanuel Hagenimana","raw_affiliation_strings":["School of Mathematical Sciences, Dalian University of Technology, Linggong Road 2, Dalian, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Mathematical Sciences, Dalian University of Technology, Linggong Road 2, Dalian, China","institution_ids":["https://openalex.org/I27357992"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5100379572","display_name":"Xiaoguang Wang","orcid":"https://orcid.org/0000-0002-5598-062X"},"institutions":[{"id":"https://openalex.org/I27357992","display_name":"Dalian University of Technology","ror":"https://ror.org/023hj5876","country_code":"CN","type":"education","lineage":["https://openalex.org/I27357992"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xiaoguang Wang","raw_affiliation_strings":["School of Mathematical Sciences, Dalian University of Technology, Linggong Road 2, Dalian, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Mathematical Sciences, Dalian University of Technology, Linggong Road 2, Dalian, China","institution_ids":["https://openalex.org/I27357992"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5070268850"],"corresponding_institution_ids":["https://openalex.org/I27357992"],"apc_list":null,"apc_paid":null,"fwci":0.8627,"has_fulltext":false,"cited_by_count":10,"citation_normalized_percentile":{"value":0.75737477,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":98},"biblio":{"volume":"38","issue":"2","first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9990000128746033,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9990000128746033,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12011","display_name":"Insurance, Mortality, Demography, Risk Management","score":0.9987999796867371,"subfield":{"id":"https://openalex.org/subfields/3317","display_name":"Demography"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.9873999953269958,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.6285200715065002},{"id":"https://openalex.org/keywords/pension","display_name":"Pension","score":0.6186867952346802},{"id":"https://openalex.org/keywords/target-date-fund","display_name":"Target date fund","score":0.6133900880813599},{"id":"https://openalex.org/keywords/fund-administration","display_name":"Fund administration","score":0.5850858688354492},{"id":"https://openalex.org/keywords/investment-fund","display_name":"Investment fund","score":0.5625959038734436},{"id":"https://openalex.org/keywords/stochastic-control","display_name":"Stochastic control","score":0.5534090995788574},{"id":"https://openalex.org/keywords/volatility","display_name":"Volatility (finance)","score":0.5451750159263611},{"id":"https://openalex.org/keywords/stochastic-volatility","display_name":"Stochastic volatility","score":0.5185006856918335},{"id":"https://openalex.org/keywords/hamilton\u2013jacobi\u2013bellman-equation","display_name":"Hamilton\u2013Jacobi\u2013Bellman equation","score":0.48620742559432983},{"id":"https://openalex.org/keywords/actuarial-science","display_name":"Actuarial science","score":0.4429266154766083},{"id":"https://openalex.org/keywords/investment-management","display_name":"Investment management","score":0.4393214285373688},{"id":"https://openalex.org/keywords/mean-reversion","display_name":"Mean reversion","score":0.42794808745384216},{"id":"https://openalex.org/keywords/management-fee","display_name":"Management fee","score":0.42293936014175415},{"id":"https://openalex.org/keywords/rate-of-return","display_name":"Rate of return","score":0.4138086140155792},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.34197020530700684},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.34142082929611206},{"id":"https://openalex.org/keywords/open-end-fund","display_name":"Open-end fund","score":0.3166550099849701},{"id":"https://openalex.org/keywords/institutional-investor","display_name":"Institutional investor","score":0.1579362452030182},{"id":"https://openalex.org/keywords/optimal-control","display_name":"Optimal control","score":0.15311619639396667},{"id":"https://openalex.org/keywords/bellman-equation","display_name":"Bellman equation","score":0.11972859501838684},{"id":"https://openalex.org/keywords/market-liquidity","display_name":"Market liquidity","score":0.08606237173080444},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.07556751370429993}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6285200715065002},{"id":"https://openalex.org/C2780899237","wikidata":"https://www.wikidata.org/wiki/Q156223","display_name":"Pension","level":2,"score":0.6186867952346802},{"id":"https://openalex.org/C17738144","wikidata":"https://www.wikidata.org/wiki/Q7685888","display_name":"Target date fund","level":5,"score":0.6133900880813599},{"id":"https://openalex.org/C55286048","wikidata":"https://www.wikidata.org/wiki/Q5508875","display_name":"Fund administration","level":4,"score":0.5850858688354492},{"id":"https://openalex.org/C36588987","wikidata":"https://www.wikidata.org/wiki/Q4201895","display_name":"Investment fund","level":3,"score":0.5625959038734436},{"id":"https://openalex.org/C170131372","wikidata":"https://www.wikidata.org/wiki/Q7617811","display_name":"Stochastic control","level":3,"score":0.5534090995788574},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.5451750159263611},{"id":"https://openalex.org/C85393063","wikidata":"https://www.wikidata.org/wiki/Q596307","display_name":"Stochastic volatility","level":3,"score":0.5185006856918335},{"id":"https://openalex.org/C196978813","wikidata":"https://www.wikidata.org/wiki/Q3302775","display_name":"Hamilton\u2013Jacobi\u2013Bellman equation","level":3,"score":0.48620742559432983},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.4429266154766083},{"id":"https://openalex.org/C189188589","wikidata":"https://www.wikidata.org/wiki/Q14864997","display_name":"Investment management","level":3,"score":0.4393214285373688},{"id":"https://openalex.org/C135205223","wikidata":"https://www.wikidata.org/wiki/Q367137","display_name":"Mean reversion","level":2,"score":0.42794808745384216},{"id":"https://openalex.org/C130090626","wikidata":"https://www.wikidata.org/wiki/Q7062508","display_name":"Management fee","level":5,"score":0.42293936014175415},{"id":"https://openalex.org/C86637286","wikidata":"https://www.wikidata.org/wiki/Q7317264","display_name":"Rate of return","level":2,"score":0.4138086140155792},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.34197020530700684},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.34142082929611206},{"id":"https://openalex.org/C155301685","wikidata":"https://www.wikidata.org/wiki/Q493177","display_name":"Open-end fund","level":4,"score":0.3166550099849701},{"id":"https://openalex.org/C206757995","wikidata":"https://www.wikidata.org/wiki/Q1665188","display_name":"Institutional investor","level":3,"score":0.1579362452030182},{"id":"https://openalex.org/C91575142","wikidata":"https://www.wikidata.org/wiki/Q1971426","display_name":"Optimal control","level":2,"score":0.15311619639396667},{"id":"https://openalex.org/C14646407","wikidata":"https://www.wikidata.org/wiki/Q1430750","display_name":"Bellman equation","level":2,"score":0.11972859501838684},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.08606237173080444},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.07556751370429993},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.0},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.0},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1007/s40314-019-0790-z","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s40314-019-0790-z","pdf_url":null,"source":{"id":"https://openalex.org/S4210195884","display_name":"Computational and Applied Mathematics","issn_l":"1807-0302","issn":["1807-0302","2238-3603"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Computational and Applied Mathematics","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G6556206610","display_name":null,"funder_award_id":"11071029","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G7780328005","display_name":null,"funder_award_id":"11371077","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":32,"referenced_works":["https://openalex.org/W166256399","https://openalex.org/W1533244903","https://openalex.org/W1967453651","https://openalex.org/W1969948172","https://openalex.org/W1972115786","https://openalex.org/W1984697146","https://openalex.org/W1987528389","https://openalex.org/W1998031535","https://openalex.org/W2005158847","https://openalex.org/W2011797827","https://openalex.org/W2058789039","https://openalex.org/W2061537034","https://openalex.org/W2064561530","https://openalex.org/W2064978316","https://openalex.org/W2067978582","https://openalex.org/W2099289209","https://openalex.org/W2100058504","https://openalex.org/W2124640999","https://openalex.org/W2124861173","https://openalex.org/W2129065137","https://openalex.org/W2141820455","https://openalex.org/W2146541388","https://openalex.org/W2149730555","https://openalex.org/W2273627162","https://openalex.org/W2288971196","https://openalex.org/W2426233213","https://openalex.org/W2426322965","https://openalex.org/W2613891097","https://openalex.org/W3121733529","https://openalex.org/W3123581802","https://openalex.org/W3125739561","https://openalex.org/W3126056482"],"related_works":["https://openalex.org/W2189393901","https://openalex.org/W3136097930","https://openalex.org/W4302613515","https://openalex.org/W2352009692","https://openalex.org/W2384390856","https://openalex.org/W3013341041","https://openalex.org/W2391309037","https://openalex.org/W2399360110","https://openalex.org/W2369731061","https://openalex.org/W595222112"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2023,"cited_by_count":6},{"year":2022,"cited_by_count":2},{"year":2019,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}
