The liabilities of a pension plan are monetary amounts to be paid at various times in the future.The current legal and regulatory framework for Irish occupational pension schemes can result in three different valuations for a scheme at any particular point in time. Using valuation models, this...

The outburst of the 2008 global economic crisis sparked a myriad of criticism on mainstream neoclassical economic theory, held responsible for not even have considered the possibility of the kind of collapse that the subprime mortgage meltdown unleashed. In this paper, it is argued that what...

In a bold and risky political move the Greek prime minister Alexis Tsipras called for a referendum on June 27 2015 quitting ongoing negotiations with Greece's creditors in Brussels. The referendum framed as a yes or no question asked the Greek voters to decide whether or not they approve or...