In this paper, we attempt to estimate reaction functions of the Central Bank of the Republic of Turkey (CBRT) based on Taylor rule and Hybrid McCallum-Taylor rule. We apply Generalized Methods of Moments (GMM) and Limited Information Maximum Likelihood (LIML) methods for estimating monetary...

This research tries to assess the dependents and Long Term Care costs for next years in Spain. To do this, it has been taken account data from the Survey on Disabilities, Impairments and Health Status and population forecasts estimated by INE, the legal rules passed between 2006 and 2008, and...

Die demographisch bedingte Zunahme alter und sehr alter Personen, verbunden mit der deutlichen Verringerung der Personen im erwerbsfähigen Alter, stellt für den Bereich der Pflege eine große Herausforderung dar. Ein Großteil der Pflegebedürftigen wird zwar heute durch Familienangehörige zu...

Zwischen 2001 und 2011 hat sich die Zahl der Erwerbstätigen im Rentenalter in Deutschland auf rund 760 000 verdoppelt. In keiner anderen Altersgruppe ist die Zuwachsrate der Erwerbstätigen in dieser Zeit so deutlich gestiegen wie bei den Über-65- Jährigen. Das DIW Berlin hat die...

The purpose of this paper is to determine in what way certain demographic and professional characteristics influence managerial risk taking. The research is conducted using the questionnaire on a sample of middle and top level managers employed in small, medium and large Croatian hospitality...

The institutional structures of the various types of European welfare state were established around extra revenues called the "demographic dividend" that used to be easily available throughout the decades of the 20st century. They, however, ceased to be available at the end of that century. The...

The era of US state branching deregulation started in 1970 and ended up with the enactment of the Riegle Neal Act of 1994. One of the purposes of the branching restriction was to avoid bank concentration. The following paper addresses the influence of the state deregulation on commercial...

This paper analyzes entry deterrence strategies at sequential multi-unit Englishtype repeated auctions, motivated by entry deterrence observed at a series of yearly auctions of fishing rights occurring since the early 1990s in the Chilean Sea Bass industrial fishery. It analyzes parametric...