This paper estimates the magnitude of key effects on the real economy from financial sector stress. We focus on the short-run feedback effect from market-based indicators of financial sector risk to the real economy through the credit channel, and estimate this effect on an economy-wide (macro)...

Intro -- Contents -- I. INTRODUCTION -- II. RETIREMENT INCENTIVES IN THE PUBLIC PENSION SYSTEM -- III. LABOR PARTICIPATION AND TAX AND BENEFIT SYSTEMS IN SLOVENIA -- IV. CONCLUSION -- References -- APPENDIX I. PUBLIC PENSIONS SYSTEM PARAMETERS -- APPENDIX II. LIFE EXPECTANCY -- APPENDIX III....