Showing 1 - 10 of 35
The reduction of macroeconomic vulnerability in emerging markets is at the core of the research agenda. In this context, liability dollarization plays a vital role and its implications have been addressed in the literature via a “financial accelerator” mechanism. After allowing for different...
Persistent link: https://www.econbiz.de/10005408161
Municipalities financial distress (which we refer as financial vulnerability) is a recurrent concern of French political life. However, there is no universal and unique definition of financial distress. This paper presents a synthesis of some possible definitions and display the real importance...
Persistent link: https://www.econbiz.de/10005412482
We evaluate the effect of the federal students’ financial assistance scheme (BAfoeG) on enrolment rates into higher education by exploiting the exogenous variation introduced through a discrete shift in the repayment regulations. Supported students had to repay the full loan until 1990....
Persistent link: https://www.econbiz.de/10005134616
Paper presents a survey of five different approaches to retirement decision analysis. Simple life cycle labour supply model leads to a classical optimization problem of choice between work and leisure, but it is highly limited in explaining retirement decision as a static approach. Comparative...
Persistent link: https://www.econbiz.de/10005135080
”), rather than a sudden change from full-time work to full-time retirement. Pension regulations may impede phased retirement … without a switch of employers by prohibiting access to pension assets. This study uses Health and Retirement Survey data to …
Persistent link: https://www.econbiz.de/10005408351
Most workers in developing countries have no access to pensions in old age. Well-intentioned reformers have concentrated on privatization, but this does nothing to expand coverage. Non-contributory, universal pensions automatically protect an entire population, in a way that contributory...
Persistent link: https://www.econbiz.de/10005556908
This paper investigates the dynamic consequences of demographic change and various pension reform scenarios for Austria … unemployment. The public sector is decomposed into general government and an unfunded pension system with a tax benefit linkage …. Our quantitative analysis considers several pension reform scenarios on top of the demographic transition in an aging …
Persistent link: https://www.econbiz.de/10005125671
Persistent link: https://www.econbiz.de/10005408402
Pension reform is now on the national agenda in most post-Soviet countries. These countries have highly informalized … of pension reform in a highly informalized post-Soviet economy, Ukraine. It includes an analysis of causes and … consequences of informalization, a general description and analysis of trends in the Ukrainian pension system, and a discussion of …
Persistent link: https://www.econbiz.de/10005408432
This paper is a part of the author's wider research on the current Polish pension fund system. It deals with the … accumulated with the pension funds only slightly exceed the total premiums that have so far been paid. The study shows that the …
Persistent link: https://www.econbiz.de/10005412460