Actuarial sustainability of income from exhaustible resources requires that present and future generations get equal shares of income. Significant omission is labor market conditions. This paper proposes a broader framework for sustainability assessment that incorporates labor market conditions....

This book examines the application of risk-sharing finance as a national economic policy in history and how it stimulated economic recovery during a short period in Germany between 1933 and 1935. Economic history indicates that risk-sharing instruments have promoted socio-economic development in...