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Persistent link: https://www.econbiz.de/10001982872
high priority needs in the life, and smaller needs can be subsequent, for progressive happiness. Money cannot bring …
Persistent link: https://www.econbiz.de/10005408439
flowing. Section 4 delves into the institutional design and operational management of the petroleum revenue investment reserve …
Persistent link: https://www.econbiz.de/10012647203
"This paper studies strategic asset allocation and consumption choice in the presence of regime switching in asset … the longer their investment horizon, while the optimal allocation to stocks declines as a function of the investment … returns from the dividend yield give rise to a non-monotonic relationship between the investment horizon and the demand for …
Persistent link: https://www.econbiz.de/10002917579
"This paper investigates the behavior of short-term real and nominal rates of interest by combining consumption …
Persistent link: https://www.econbiz.de/10002977395
(in its role as currency issuer and as the operator of the Automated Clearing House); 4 money transfer operators; and the … could have significant benefits for economic development and growth as the transaction costs of exchanging goods and …
Persistent link: https://www.econbiz.de/10013209156
This report is based on a study of the costs and savings of retail payments in Albania using a methodology (A Practical Guide for Measuring Retail Payment Costs) developed by the World Bank's Payment Systems Development Group, part of the Financial Inclusion, Infrastructure, and Access at the...
Persistent link: https://www.econbiz.de/10012645370
Micro and small enterprise (MSME) insolvency is particularly likely to impact not only the business, but also the personal and family life of the owner-operator(s) of such businesses, raising particular concerns that apply much less frequently in the context of corporate insolvency. This report...
Persistent link: https://www.econbiz.de/10012645571
The objectives of a well-designed pension system are poverty reduction in old age and income smoothing throughout an individuals' lifetime. Over the last thirty years, changing demographic trends have caused a shift from 'pay as you go' and occupational defined benefit (DB) schemes - where the...
Persistent link: https://www.econbiz.de/10012645997
banks and nonbank e-money issuers. Harmonize customer due diligence standards for emoney wallets and low-risk bank deposits …
Persistent link: https://www.econbiz.de/10012646039