Fig. 4: Joint transition of percentile value and marginal conditional value at risk by year and stock weight. | Humanities and Social Sciences Communications

Fig. 4: Joint transition of percentile value and marginal conditional value at risk by year and stock weight.

From: Investment risk-taking and benefit adequacy under automatic balancing mechanism in the Japanese public pension system

Fig. 4

A Joint transition of RR and RER for economic assumption 5. B Joint transition of RR and RER for economic assumption 3. Pink triangles, red squares, and light green triangles represent the 90th, 50th, and 10th percentile values, respectively, and green diamonds represent the marginal CVaR (mean value of RR and RER under their 10th particle value) according to the stock weight (SW). The arrow indicates the initial value in 2019, and the opposite end indicates 2115.

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