This study provides an empirical analysis of the impact of Wisconsin and Ohio pension cut legislation on values of banks operating in Wisconsin and Ohio, banks operating in other states in which pension cut legislation was being considered as Wisconsin and Ohio went through its legislative...

We find the financial condition of states impacts bank credit supply through their municipal bond holdings. In particular, we treat sudden political and statutory actions during the 2011 union bargaining rights debates in Wisconsin and Ohio as exogenous shocks to state solvency. We show bank...

The objectives of the study are to document the various determinants of EPF and NPS as a retirement plan and to suggest strategies for their efficient management to optimise the returns. Based on websurvey, a sample size of 170 respondents, the empirical results have indicated that EPF lacks...