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Municipalities may have various motives for decisions on the mode of their task execution. Empirical studies – based on … of additional motives and to test these statistically. As we find, municipalities do not regularly evaluate the service … provision of their activities. Only in case of structural underperformance, municipalities consider a change of service provider …
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Municipalities may have various motives for decisions on the mode of their task execution. Empirical studies – based on … of additional motives and to test these statistically. As we find, municipalities do not regularly evaluate the service … provision of their activities. Only in case of structural underperformance, municipalities consider a change of service provider …
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This paper considers the possibility of letting a pay-go pension system mimic a fully funded pension system. Generically, it turns out to be impossible to make a less than fully funded pension system actuarially fair on average. But a non-funded pay-go pension system can provide an actuarially...
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