The report, Bulgaria: Ensuring Pension System Sustainability Pension Reform Policy Note was written in September 2009. The report states that the Bulgarian pension system has undergone significant and well designed reform in 2000-2003. However, attempts to restore financial self-sustainability...

"This paper relaxes some key assumptions in the probabilistic approach to fiscal sustainability. First, the authors identify structural breaks over the sample period used to estimate the covariance matrix of the shocks to the debt ratios. Second, the assumption of normality of the shocks is...

Die Kältetechnik in Deutschland weist insgesamt einen Anteil am Elektroenergiebedarf von ca. 14% auf und ist für etwa 5% der nationalen Treibhausgasemissionen verantwortlich. Angesichts der nationalen Klimaschutzziele verdeutlichen diese Zahlen den Handlungsbedarf zur Erhöhung der...