Using Cameroonian data, this paper investigates the effects of social network on job quality. Social network is measured in terms of using friends and relatives while looking for a job. As regards to job quality, two aspects have been taken into consideration: monetary job quality which is...

This paper shows that it is profitable for a firm to hire an overoptimistic manager to commit to a certain investment strategy in an R&D tournament situation. In the unique symmetric equilibrium, all firms delegate to overoptimistic managers, where the optimal degree of overoptimism depends on...

While numerous Western countries first experienced cultural rationalization, next economic modernization, and then faced the challenges of population aging and pension policy reform, both Latin America and China, in contrast, are dealing with these challenges in the context of much less...

The following book comprises the Introduction, three chapters and the Conclusion. In the Introduction the author describes general issues concerned with the development of pension systems in Europe. The contents of Chapter I is presentation of system concepts of Bismarck, Beveridge,...

The article presents an insight into the old age pension system in Italy. The introduction is followed by four topic paragraphs: 1. the general information about the country, 2. the historical development of its pension system, 3. the present situation, and 4. challenges and foreseen changes....

This paper proposes a nested model, based on an additive random utility model, to analyze whether pension wealth and pension cost affect the probability that a worker affiliates to a pension program, and to observe differentiated effects regarding the nature of the pension system (pay-as-you-go...

The article presents an insight into the old age pension system in Cyprus. The introduction is followed by four topic paragraphs: 1. the general information about the country, 2. the historical development of its pension system, 3. the present situation, and 4. challenges and foreseen changes....

Variations between the diverse pension systems in the member states of the European Union hamper labour market mobility, across country borders but also within the countries of the European Union. From a macroeconomic perspective, and in the light of demographic pressure, this paper argues that...

The objective of this paper is to examine and analyze empirically whether the Central and Eastern Europe countries` reformed pension systems are providing adequate and safe pensions. Starting in 1990s, most Central and Eastern European countries radically reformed their pension systems. The...

The article presents an insight into the old age pension system in Estonia. There are four topic paragraphs: 1. the general information about country, 2. the evolution of Estonian’s pension system, 3. the present situation, and 4. challenges and foreseen changes. There, the author’s goal was...