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Guarantees are often seen as the key characteristics of pension saving products, but securing them can become costly … deal with the question of how costly the typical types of guarantees are, in the sense that they reduce a pension saving … literature studying the impact of point-to-point guarantees and cliquet-style interest rate guarantees on the performance of …
Persistent link: https://www.econbiz.de/10011402676
This paper analyses the determinants of firm participation in the Swiss COVID-19 loan programme, which aims to bridge firms’ liquidity shortfalls that have resulted from the pandemic. State-guaranteed COVID-19 loans are widely used by Swiss firms, with 20% of all firms participating, resulting...
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How effective are direct government policies for boosting exports? We answer this question with a structured overview of 34 studies covering 26 countries around the world, and in doing so, we provide nine findings. We show export boosting policies are heterogenenous by design and include export...
Persistent link: https://www.econbiz.de/10012383898
How effective are government policy attempts to boost firm exports in the short-run? We answer this question by conducting a review of 33 studies from 26 countries around the world, and provide nine findings. Export boosting policies are defined as a group of public policies that aim to increase...
Persistent link: https://www.econbiz.de/10014293978
While the first two pillars of the European Banking Union have been implemented, a European deposit insurance scheme (EDIS) is still not in place. To facilitate its introduction, recent proposals argue in favor of a reinsurance scheme. In this paper, we use a regime-switching open-economy DSGE...
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The effects that the economic crisis triggered by COVID-19 is having on unemployment could hardly differ more than in the United States and Europe. This divergence also applies to the political reactions to it. Whereas the 27 member states of the European Union (EU-27) managed to keep...
Persistent link: https://www.econbiz.de/10012437180