One Application of Discrete Mean Square Approximation For Prediction Of Voluntary Pension Fund Development

Abstract

In this paper we apply discrete mean square approximation to analysis of relation between average salary in Serbia, size of parameter FONDEX and number of voluntary pension fund members. We obtain two di erent approximation functions, that gives relation between those values. We use those approximation functions for prediction of the number of voluntary pension fund members, we present conclusions and point to some possible ways for further research.