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The Study on the NPS Performance Evaluation by the Time Varying

Performance Measure

Mun Kyung Cheong

Senior Research Fellow, NPRI

Ⅰ. Introduction

Ⅱ. Literature Reviews

Ⅲ. Relation between NPS Domestic Equity Return

     and Economic Situations

Ⅳ. Does the NPS Domestic Equity Excess Return over

    the Benchmark Change during Economic Situations?

Ⅴ. Time Varying Performance Measure of the NPS

    Domestic External Management

Ⅵ. Conclusion

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• The Study on the NPS Performance Evaluation by the Time Varying Performance Measure (Mun Kyung Cheong).pdf