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We argue that the present crisis and stalling economy that have been ongoing since 2007 are rooted in the delusionary belief in policies based on a "perpetual money machine" type of thinking. We document strong evidence that, since the early 1980s, consumption has been increasingly funded by...
Persistent link: https://www.econbiz.de/10010338039
This paper analyses the interdependence between Islamic and conventional equities by taking into consideration the asymmetric effect of return and volatility transmission. We empirically investigate the decoupling hypothesis of Islamic and conventional equities and the potential contagion...
Persistent link: https://www.econbiz.de/10011643393
This paper aims to analyze the most relevant methods to determine the financial capacity of innovation projects and identify potential ways of their improvement. The research helped to propose an alternative methodology to assess the financial capacity of innovation projects by charting an...
Persistent link: https://www.econbiz.de/10012632031
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We aim to assess the impact of a pandemic data point on the calibration of a stochastic multi-population mortality projection model and its resulting projections for future mortality rates. Throughout the paper, we put focus on the Li and Lee mortality model, which has become a standard for...
Persistent link: https://www.econbiz.de/10012805929
inefficiently. In this article, the authors examine chosen methods of forecasting regional government revenue. In addition to … classical forecasting models based on time series and causal models, an original structural forecasting procedure was proposed … other researchers, which indicated that less comprehensive methods of forecasting can provide reasonably accurate estimates. …
Persistent link: https://www.econbiz.de/10012705016
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Increasing retirement ages in an automatic or scheduled way with increasing life expectancy at retirement is a popular pension policy response to continuous longevity improvements. The question addressed here is: to what extent is simply adopting this approach likely to fulfill the overall goals...
Persistent link: https://www.econbiz.de/10012597036