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Government-issued longevity bonds would allow longevity risk to be shared efficiently and fairly between generations. In exchange for paying a longevity risk premium, the current generation of retirees can look to future generations to hedge their aggregate longevity risk. There are also wider...
Persistent link: https://www.econbiz.de/10013118088
Government-issued longevity bonds would allow longevity risk to be shared efficiently and fairly between generations. In exchange for paying a longevity risk premium, the current generation of retirees can look to future generations to hedge their systematic longevity risk. Longevity bonds will...
Persistent link: https://www.econbiz.de/10012832830
Population aging challenges pay-as-you-go pension systems. Solving the associated funding problem constantly motivates … increasing financial burden of national finances. To ensure sustainable funding of pensions, the calculation formula of the …, which are not optimally used regarding the funding of public pensions. Simulations show that a variable demographic factor …
Persistent link: https://www.econbiz.de/10010892214
This paper deals with the coverage of long-term care (LTC) in Germany since the post-war period. Until the 1990s, long-term care was mainly a task of the family with means-tested, tax-financed care assistance as a last resort. In 1994, after two decades of political debate, the German parliament...
Persistent link: https://www.econbiz.de/10013064866
The United Nations Counter-Terrorism Week in June 2021 focused on the financing of Islamist terror groups. The meeting zeroed in on the ‘misuse of digital space for terrorist financing purposes’. As noted in a statement following the meeting, ‘it was recognized that the pandemic enhanced...
Persistent link: https://www.econbiz.de/10014361661
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Persistent link: https://www.econbiz.de/10010417830
Dr. Marco Vietor Studienfinanzierung durch Humankapitalverträge Eine Marktanalyse Mit einem Geleitwort von Prof. Dr. Markus Rudolf, WHU - Otto Beisheim School of Management ...
Persistent link: https://www.econbiz.de/10003992146
This paper examines the association between the outcome of business incubation and the resources used by incubators, by using a small panel of science and technology business incubators (STBIs) in China. We find that while the number of firms graduating from an STBI is closely correlated with...
Persistent link: https://www.econbiz.de/10009009101
This paper examines the association between the outcome of business incubation and the resources used by incubators, by using a small panel of science and technology business incubators (STBIs) in China. We find that while the number of firms graduating from an STBI is closely correlated with...
Persistent link: https://www.econbiz.de/10008697474