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The economics of insurance, its borders with finance and implications for systemic regulation
Thimann, Christian - 2015
international finance is "what is insurance and where does insurance end?" This paper aims to elaborate on the economics of … insurance and its borders with general finance. It argues that the classification challenge by regulators partly stems from … terminological confusion between insurance activities and more general financial activities. Insurance and finance both use the same …
Persistent link: https://www.econbiz.de/10010479958
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Market risk management in a Post-Basel II regulatory environment
Urošević, Branko; Drenovak, Mikica; Ranković, Vladimir; … - 2016
risk include an additional stress component introduced by the recent Basel 2.5 regulation. Our optimization with the Basel …
Persistent link: https://www.econbiz.de/10011587953
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Recent trends in co-authorship in economics : evidence from RePEc
Rath, Katharina; Wohlrabe, Klaus - 2015
This articles investigates the recent trends in co-authorship in economics. Using data from more than 700.000 journal …
Persistent link: https://www.econbiz.de/10011309542
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Simply a matter of luck & looks? : predicting elections when both the world economy and the psychology of faces count
Garretsen, Harry; Stoker, Janka I.; Alessie, Rob; … - 2014
Economic research shows that candidates have a higher chance of getting (re-)elected when they have the luck that the world economy does well even though this is beyond their control and unrelated to their competence. Psychological research demonstrates that candidates increase their chances if...
Persistent link: https://www.econbiz.de/10010370176
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Reactivity in economic science
Frey, Bruno S. - 2017
matter of course that economics should become a natural science. Such a characterization misses an essential aspect of a …
Persistent link: https://www.econbiz.de/10011700543
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What should fiscal councils do?
Calmfors, Lars; Wren-Lewis, Simon - 2011
The paper analyses theoretically what role fiscal councils could play and surveys empirically the activities of existing councils. Case studies of the Swedish Fiscal Policy Council and the UK Office for Budget Responsibility are done. It is concluded that fiscal councils should be advisory,...
Persistent link: https://www.econbiz.de/10009011182
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Proprietary public finance : on its emergence and evolution out of anarchy
Skaperdas, Stergios - 2011
finance, however, is comparatively scarce. I argue that proprietary rule emerges out of anarchy and its main alternative …
Persistent link: https://www.econbiz.de/10009153844
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The impact of changes in second pension pillars on public finances in central and Eastern Europe
Égert, Balázs - 2012
This paper studies the impact of recent changes in second pension pillars of three Central and Eastern European Countries. The paper seeks to answer the following questions: i) what is the impact on the sustainability of Poland's pension system of the decrease in the pension contribution going...
Persistent link: https://www.econbiz.de/10009533961
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The Swedish fiscal policy council : watchdog with a broad remit
Calmfors, Lars - 2012
The Swedish Fiscal Policy Council (FPC) set up in 2007 is one example of the recent international trend to create independent fiscal watchdogs. The FPC has established itself as an important participant in the Swedish economic policy discussion. The FPC has small resources and a broad remit...
Persistent link: https://www.econbiz.de/10009488889
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Aging, social security design, and capital accumulation
Dedry, Antoine; Onder, Harun; Pestieau, Pierre - 2015
This paper analyzes the impact of aging on capital accumulation and welfare in a country with a sizable unfunded social security system. Using a two-period overlapping generation model with potentially endogenous retirement decisions, the paper shows that the type of aging, i.e. declining...
Persistent link: https://www.econbiz.de/10011392492