Comparative analysis of the Open Pension Funds efficiency using selected statistical methods

Authors

  • Marzena Franków Wyższa Szkoła Bankowa we Wrocławiu

DOI:

https://doi.org/10.29015/cerem.111

Keywords:

Open Pension Funds, Hellwig’s method, linear ordering method, Ward’s method

Abstract

The article focuses on the issue concerning searching the synthetic measure that would allow evaluation of the effectiveness of the diversity of the Open Pension Funds. The main purpose of this article is a comparison of pension funds in the context of the effects of their activities, and to divide the pension market to a similar group of funds. The proposed variables were statistically analyzed, and the relationships that occur between potential diagnostic features were tested using the Hellwig’s method. Analysis was conducted with the use of chosen statistical methods, particularly the multidimensional comparative analysis, method of standardized sum and the method of pattern development, as well as the classification of objects made by Ward’s method.

References

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Issue

Vol. 15 No. 2 (2015)

Section

Articles

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