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From Bismarck to Beveridge : the other pension reform in Spain

Conde Ruiz, José Ignacio; González Martínez, Clara Isabel - 2014

sustainability of the PAYG pension system in most developed countries, including in Spain. Many countries need to introduce reforms … of their pension systems in order to control their expenditure, and in some cases this has already begun. However, there …. We have used an accounting model with heterogeneous agents and overlapping generations in order to project pension …

Persistent link: https://www.econbiz.de/10012530444

Pollution perception. An inquiry into intergenerational equity

Schuhmacher, Ingmar; Zou, Benteng - 2005

In this article we extend the recent literature on overlapping generations with a pollution sector by allowing generations to have a certain pollution perception with regards to the stock of pollution. Pollution perception, assumed to be part of the generations' preferences, can be either a...

Persistent link: https://www.econbiz.de/10009452479

14.452 Economic Growth, Fall 2008

Acemoglu, Daron - 2008

Description This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth …

Persistent link: https://www.econbiz.de/10009432111

Fiscal policy, structural reforms and external imbalances : a quantitative evaluation for Spain

Gavilán González, Ángel; Hernández de Cos, Pablo; … - 2011

Este artículo considera un modelo de generaciones solapadas, aplicado a una economía pequeña, abierta al comercio internacional y caracterizada por la existencia de competencia imperfecta en los mercados de bienes y de trabajo, para analizar: i) cuáles fueron los principales determinantes de...

Persistent link: https://www.econbiz.de/10012530332

Health and Growth: Causality through Education

Huang, Rui; Fulginiti, Lilyan E.; Peterson, E. Wesley F. - 2009

Replaced with revised version of paper 08/24/09.

Persistent link: https://www.econbiz.de/10009444818

The Role of Fair Value Accounting in Bank Failures: 2001-2010

Spring, Jacob Edward Eugene - 2010

Over the Past two and a half years banks have failed at the fastest pace since the Great Depression. These rapidly mounting bank failures have rekindled a debate surrounding the use of fair value accounting, with many arguing that fair value has exacerbated the severity of the recent financial...

Persistent link: https://www.econbiz.de/10009468726

Minority Discounts and Control Premiums in Appraisal Proceedings

Booth, Richard A., Marbury Research Professor of Law - 2001

In a merger, a stockholder often has a statutory right of dissent and appraisal under which the stockholder may demand to be paid fair value exclusive of any gain or loss that may arise from the merger itself. Most courts and commentators agree that a dissenting stockholder should ordinarily...

Persistent link: https://www.econbiz.de/10009432052