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PIIGS ‘R’ Us? The Coming U.S. Debt Crisis and What Can Be Done About It
Richardson, Stephen - 2011
reform, the U.S. risks joining the PIIGS – Portugal, Ireland, Italy, Greece and Spain – on the road to ruin through …
Persistent link: https://www.econbiz.de/10013122134
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Taxation of Pensions in Portugal: A Semi-Dual Income Tax System
Bravo, Jorge Miguel - In: CESifo DICE Report 14 (2016) 1, pp. 14-23
Persistent link: https://www.econbiz.de/10011696950
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Taxation of pensions in Portugal : is there a rationale for a semi-dual income tax system?
Bravo, Jorge Miguel Ventura - 2016
adoption of semi-dual income tax in the taxation of public, occupational and private pensions and other retirement income …
Persistent link: https://www.econbiz.de/10011499817
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Stochastic Discount Factor in the Brazilian Equity Market (Fator de Desconto Estocástico no Mercado Acionário Brasileiro) (Portuguese)
Catalão, André Borges - 2010
This article implements the minimum variance frontier for the stochastic discount factor, according to both Hansen and Jagannathan (1991) and Cochrane and Hansen (1992), for the Brazilian stock market. Two approaches are considered in terms of equity returns and equity premium, respectively, the...
Persistent link: https://www.econbiz.de/10013138283
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SeLFIES for Portugal - An Innovative Pan European Retirement Solution
Merton, Robert C. - 2019
With a rapidly aging population, Portugal faces some serious pension challenges including a Social Security system which is under pressure, and pension benefits gradually approaching levels that will require individuals to supplement Social Security with private savings. In addition, Portugal...
Persistent link: https://www.econbiz.de/10012890948
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Taxation of Pensions in Portugal : Is There a Rationale for a Semi-Dual Income Tax System?
Bravo, Jorge Miguel - 2016
adoption of semi-dual income tax in the taxation of public, occupational and private pensions and other retirement income …
Persistent link: https://www.econbiz.de/10012986108
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Robin Hood versus Piggy Bank: Income redistribution in Portugal 2006-10
Rodrigues, Carlos Farinha; Andrade, Isabel - ISEG - School of Economics and Management, Department … - 2013
The redistributive effect of the Portuguese welfare state through pensions, benefits and taxes is investigated in … contribute significantly to the reduction in inequality and poverty, with benefits other than pensions being the most cost …
Persistent link: https://www.econbiz.de/10010721902
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Social Security in Portugal : An Update of Long-Term Projections
Rodrigues, Pedro G. - 2005
, in view of objectives like adequacy, financial sustainability, and modernisation. This paper documents the official … projected to grow by 3.2 pp, from 12.9 to 16.1%. Public pensions paid to former private-sector workers increase by 1.7 pp, while …
Persistent link: https://www.econbiz.de/10014067501
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Ageing and Public Pensions in Portugal : A Snapshot Before the Reform
Pereira, Alfredo M.; Rodrigues, Pedro G. - 2013
This paper reports on a simple exercise in the long-term sustainability of public finances. In particular, focusing on …
Persistent link: https://www.econbiz.de/10014028476
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The Portuguese dilemma of unstable pensions
Sell, Friedrich L. - In: Intereconomics : review of European economic policy 57 (2022) 6, pp. 394-398
. Less well known is its unstable system of public pensions. This article addresses the underlying economic and political …
Persistent link: https://www.econbiz.de/10013475425