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 different 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.