Variables—Dependent (D), Explanatory (E) and Control (C) | Origin or Database |
Risk (D) | Defined by the authors to measure relationships |
Sharpe (D) | Defined by the authors to measure relationships |
Stock Investments (E) | The segment of Stocks of the IS base of the Regulatory Agency with the subsection: Stocks, Future, Options, Swap, and Term—% of the allocation |
Public Bonds (E) | Segment Public Bonds of the IS base of the Regulatory Agency with subsection: Public Bonds—% of the allocation |
Private Securities (E) | Private Securities Segment of the IS base of the Regulatory Agency with subsection: Private Securities, committed operation, and SPE—% allocation |
Funds Segment—Fixed Income (E) | The segment of Funds—fixed income of the IS base of the Regulatory Agency with subsection: Fund Shares, Deposit, Credit Right and Loan—% allocation |
Accumulated Savings (C)* | |
Accumulated GDP (C)* | IBGE |
Accumulated SELIC (C)* | BACEN |
Accumulated IPCA (C)* | IBGE |