A pension model for the Kenyan youth: use of airtime
Date
2017
Authors
Karanja, Melanie Nyawira
Journal Title
Journal ISSN
Volume Title
Publisher
Strathmore University
Abstract
The objective of this project is three-fold: first, we develop a model that values a pension fund which uses mobile telephone airtime usage costs to accumulate the funds, with all costs associated with running a pension fund considered. Secondly, we develop two models that explain the difference in the accumulated pension fund value from the actual fund value. These models are: reduction in yield model and reduction in contribution model. Finally, we adjust the pension fund valuation model and the reporting models for lapse rates.
Description
A Research project Submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Science in Financial Economics at Strathmore University
Keywords
Pension, Airtime, Youth