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This study explores the impact of accumulated pension funds on the investment level and economic growth in South Africa … and gross fixed capital formation (as a proxy for total investment level) from 1990(Q1) to 2019(Q3) were employed. The … from Bayesian Linear Regression estimation suggest that the mean effects of pension funds on economic growth and investment …
Persistent link: https://www.econbiz.de/10012657340
This paper explores empirically the economic validity of the relatively limited approach to the regulation of employment protection pursued in the UK over the last three decades and within the European Union more recently. It does so by comparing the UK’s manufacturing labour productivity...
Persistent link: https://www.econbiz.de/10011906858
The subject of the article is an analysis of the rules of state aid admissibility on the basis of the implementing regulations, adopted by the European Commission in 2004 and 2014 on rescue and restructuring aid. This should lead to verify the thesis that due to the taken up at EU level - in...
Persistent link: https://www.econbiz.de/10012232372
The recurrent economic and financial crises expose the state, enterprises, and households to a range of financial risks and negative financial consequences. As a result, governments are seeking the most efficient measures of legal regulation and other measures ensuring financial security in...
Persistent link: https://www.econbiz.de/10013201389
The contribution will be devoted to the comparison of damages for non-proprietary loss in public and private sphere. The regulation of service relationship will be analysed in public area, in private area the legal regulation of health injuries in labour law. The aim of the contribution will be...
Persistent link: https://www.econbiz.de/10012622649
Das Thema Energieeffizienz findet in Politik, Wirtschaft und Wissenschaft bisher nur unzureichend Beachtung. Obwohl die Bundesregierung in ihrem Energiekonzept eine Entkopplung von Wachstum und Energieverbrauch vorsieht und einzelne Maßnahmen ergreift, werden die Energieeffizienzgewinne der...
Persistent link: https://www.econbiz.de/10010464619
This paper discusses the role which (funded) defined benefit private sector occupational pension schemes play in national pensions in a sub-group of OECD countries. The paper shows that in the majority of countries under consideration statutory (state) pension schemes are the main if not only...
Persistent link: https://www.econbiz.de/10010307654
Loan and bond finance during 1985-2005 can be divided into three sub-periods. After the 1982 debt crisis, which mainly involved domestic and foreign bank loans to both the corporate and government sectors, there was practically no credit. This situation of lack of credit persisted until the...
Persistent link: https://www.econbiz.de/10010323309
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
investment horizon of the investor. Our paper aims to investigate the economic costs and benefits of this kind of regulation … the investment environment worsens but, on the other hand, also limits the institutionalinvestor's ability to benefit from …
Persistent link: https://www.econbiz.de/10010325677