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In this paper we explore the question of the sustainability of the intergenerational contract that is represented by the current structure of social welfare. We argue that sustainability and time consistency of social welfare policies could be improved by more explicit recognition of the social...
Persistent link: https://www.econbiz.de/10012115661
outcomes (continuous outcomes such as potential earnings, or discrete ones such as education groups) and captures dynastic …. Results indicate that mobility in terms of education and potential earnings were markedly to the advantage of women. A large … part of the population was lifted out of illiteracy, possibly due to large-scale education and school construction reforms …
Persistent link: https://www.econbiz.de/10012651141
types of outcomes, such as (continuous) earnings or (discrete and ordinal) education levels, and captures dynastic … developing country. Results indicate that mobility in terms of education and potential earnings was markedly at the advantage of … women. The bulk of the population came out of illiteracy, possibly due to large-scale education reforms, but the relative …
Persistent link: https://www.econbiz.de/10014296611
communicate and coordinate at lower resource cost. The theory delivers full task specialization in the labor and education markets …
Persistent link: https://www.econbiz.de/10010282273
Purpose - This study investigates the role of financial access in moderating the effect of governance on insurance … insurance indicators are used, notably: life insurance and non-life insurance. Six governance measurements are also used, namely … law. The empirical evidence is based on the Generalised Method of Moments (GMM) and Least Squares Dummy Variable Corrected …
Persistent link: https://www.econbiz.de/10012112212
's chapters address finance and banking, insurance, technology regulation and critical infrastructures, as well as climate change …-disciplinary audience in fields ranging from economics to law to science studies to sociology to anthropology and geography, as well as …
Persistent link: https://www.econbiz.de/10014280287
This paper assesses how legal origin influences financial development through regulation quality and the rule of law …. It employs all the dimensions identified by the Financial Development and Structure Database of the World Bank. The law … size. The results broadly support the benefits of law mechanisms in financial development. The findings only show partial …
Persistent link: https://www.econbiz.de/10011390772
intermediary channels of depth, efficiency, activity and size. The findings show that legal origin matters in the finance …
Persistent link: https://www.econbiz.de/10011390776
In recent years, there has been increased global awareness of Islamic finance. This topic is mainly opened with respect … banking is also given. Islamic finance technology solutions have matured and they will face various challenges in the …
Persistent link: https://www.econbiz.de/10011994716
investor protection laws in Britain c.1900 to test the influential law and finance hypothesis. Our evidence suggests that there …
Persistent link: https://www.econbiz.de/10012106116