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Persistent link: https://www.econbiz.de/10011590777
This paper describes the social security system and pension reform in Uruguay. The reform of the social security system … is the most important structural issue facing Uruguay. Large social security outlays have led to high rates of payroll …
Persistent link: https://www.econbiz.de/10014397252
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014397446
Economic statistics are frequently reported in the form of index numbers. This article considers how the field of Index Numbers should be approached in the teaching of a general economic degree. While the topic finds a natural home in statistics modules, it is emphasised that the area can also...
Persistent link: https://www.econbiz.de/10011450029
Ant Colony Optimization is a relatively new meta-heuristic that has proven its quality and versatility on various combinatorial optimization problems such as the traveling salesman problem, the vehicle routing problem and the job shop scheduling problem.(...)
Persistent link: https://www.econbiz.de/10005841707
A consequence of the Hahn-Banach theorem is the classical bipolar theorem which states that the bipolar of a subset of a locally convex vector pace equals its closed convex hull.(...)
Persistent link: https://www.econbiz.de/10005841708
The Fundamental Theorem of Asset Pricing states - roughly speaking - that the absence of arbitrage possibilities for a stochastic process S is equivalent to the existence of an equivalent martingale measure for S. It turns out that it is quite hard to give precise and sharp versions of this...
Persistent link: https://www.econbiz.de/10005841713
The quarterly International Economic Trends is a compilation of data on the G-7 countries and the euro area, including output, inflation, labor markets, interest rates, government budgets, international trade, and more. A brief essay in each issue covers a topic relevant to international economics.
Persistent link: https://www.econbiz.de/10005842861
The scaling function from multiresolution analysis can be used to constuct asmoothing tool in the context of time series analysis. We give a -based timeseries smoothing function for which we show the properties of a quasilinearmoving average. Furthermore, we discuss its features and especially...
Persistent link: https://www.econbiz.de/10005870556
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