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Ideologies about social policy. The national Health Insurance in 1995 and the Plan for the Pension are the clear examples for the …
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) that may be utilized as part of individual pension plans. The developments in Great Britain and in Germany are compared …, economic regime and retirement pension7 State-aided promotion in Germany8 State-aided promotion in Great Britain9 Findings and …
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There is ample historical data to suggest that log returns of stocks and indices are not independent and identically distributed Normally, as is commonly assumed. Instead, the returns of financial assets are skewed and have higher kurtosis. To account for skewness and excess kurtosis, it is...
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