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The stock market collapse led to political tensions between generations due to the fuzzy definition of the property rights over the pension funds’ wealth. The problem is best resolved by the introduction of generational accounts. Modern consumption and portfolio theory shows that the younger...
Persistent link: https://www.econbiz.de/10010324730
incentivize people to increase their private pension savings. In this paper, we hypothesize that these publicly subsidized savings … mainly replace existing not subsidized savings and that supplier induced demand is an important factor. Using data from the … those who already have life insurance or other public subsidized savings. Furthermore, we show that a contact with an …
Persistent link: https://www.econbiz.de/10011600983
Housing is an important sector of the economy. It has widespread implications for investment, banking, saving and employment. Home ownership has been linked to building social capital and a sense of community. Furthermore housing equity is a significant element of retirement accumulation for...
Persistent link: https://www.econbiz.de/10012115603
pay-as-you-go universal pension. In addition, the model allows for a compulsory private retirement savings scheme …
Persistent link: https://www.econbiz.de/10012115681
This paper identifies the specific external barriers to SME development in Lithuania. An analysis of 332 SME owners …
Persistent link: https://www.econbiz.de/10010324781
This paper explores the gendered influence on SME development under economic transition in Lithuania. Previous studies … characteristics (Brush 1992). An analysis of 332 SME owners in Lithuania using descriptive statistics and regression analysis …
Persistent link: https://www.econbiz.de/10010324806
We analyze comprehensive manufacturing firm data to measure the contribution of inter-firm employment reallocation to aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard decomposition technique to better reflect the role of firm...
Persistent link: https://www.econbiz.de/10010268767
case of Lithuania for the period 2014-2015. Values of effective net tax rates are estimated from the survey of EU …
Persistent link: https://www.econbiz.de/10014553730
. 2021), this edited volume comprises eight country case studies: Belgium, France, Ireland, Italy, Lithuania, Portugal …
Persistent link: https://www.econbiz.de/10014565849
the European Union. This paper addresses the issue of the longterm care in Lithuania, its philosophy, the legal and … description of types of LTC available. The results confirm that the main problem of the LTC system in Lithuania is still its … formal LTC system in Lithuania is still biased towards the provision of institutional care, despite the fact that a number of …
Persistent link: https://www.econbiz.de/10011430852