Narrow search
Showing 1 - 10 of 3,117
Cover Image
Assessing public pensions using ruin probability : pay-as-you-go versus mixed schemes
Alonso-García, Jennifer; Boado-Penas, María del Carmen; … - 2024
Persistent link: https://www.econbiz.de/10014631072
Cover Image
Intergenerational risk sharing in pay-as-you-go pension schemes
Morsomme, Hélène; Alonso-García, Jennifer; Devolder, … - 2024
Persistent link: https://www.econbiz.de/10014534680
Cover Image
Discounting and the market valuation of defined benefit pensions
Larcher, Luca; Breedon, Francis J. - 2021
). We ftnd that equity market valuation is consistent with discounting without allowing for credit risk. This differs from … a corporate bond yield. The difference is signiftcant, as credit risk free discounting would decrease the reported value …
Persistent link: https://www.econbiz.de/10012798825
Cover Image
Postcode-level reverse mortgages: longevity risks, house price risks, and welfare gain
Lyu, Lingfeng - 2023
Persistent link: https://www.econbiz.de/10014461443
Cover Image
The impact of Covid-19 on pensions due to early withdrawals of pension savings
Castro, Rubén; González, Leonardo; Schiappacasse, Ignacio - 2022
The Chilean pension system was hit hard during 2020-2021 by the withdrawal of 25 per cent of the individual pensions funds accumulated by 2019, an amount equivalent to 20 per cent of Chile's GDP. We estimate here the impact of those withdrawals on new pension allowances, using a combination of...
Persistent link: https://www.econbiz.de/10014494309
Cover Image
Endogenous volatility, endogenous growth, and large welfare gains from stabilization policies
Wang, Pengfei (contributor); Wen, Yi (contributor) - 2007 - Rev.
Persistent link: https://www.econbiz.de/10003740040
Cover Image
Liquidity and welfare
Wen, Yi - 2012
Persistent link: https://www.econbiz.de/10009625507
Cover Image
Welfare : theoretical and analytical paradigms
MacGregor, Susanne - 2014
The paper reviews paradigms of welfare, principally the industrialization thesis, the three worlds of welfare and social investment states and shows how these link to wider public policies and underlying assumptions. It locates explanations in historical and contemporary contexts. The literature...
Persistent link: https://www.econbiz.de/10011483973
Cover Image
Capital requirements, risk-taking and welfare in a growing economy
Agénor, Pierre-Richard; Silva, Luiz A. Pereira da - 2017
The effects of capital requirements on risk-taking and welfare are studied in a stochastic overlapping generations … between a safe technology and a risky (but socially inefficient) technology, and bank risk-taking is endogenous. Setting the … capital adequacy ratio above a structural threshold can eliminate the equilibrium with risky loans (and thus inefficient risk …
Persistent link: https://www.econbiz.de/10011661894
Cover Image
The domestic welfare loss of Syrian Civil War : an equivalent income approach
Onder, Harun; Pestieau, Pierre; Ponthiere, Gregory - 2017
Persistent link: https://www.econbiz.de/10011751514