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The Dutch occupational pension system has been successful in securing high asset accumulation to fund generous pension promises. However, for the second time in this decade the pension system has been affected by a financial crisis and many pension funds’ assets fell below levels needed to...
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As the COVID-19 crisis intensified, policymakers at the federal, state, and local levels started suspending or rescinding laws and regulations that hindered sensible, speedy responses to the pandemic. These “rule departures” raised many questions. Were the paused rules undermining public...
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In this paper, we discuss 10 parallels between the lack of preparation of financial system regulators prior to the GFC and the lack of preparation by public health authorities and governments prior to Covid-19. These parallels relate to: required stocks (of capital or equipment), data collection...
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Die Studie untersucht die Auswirkungen der Finanzmarktkrise auf die Arbeitsbeziehungen des öffentlichen Sektors in vier Ländern. Es zeigen sich deutliche Unterschiede: Der öffentliche Sektor in Großbritannien und Spanien wird nach der Krise einer ausgeprägten Sparpolitik unterzogen, die...
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