In this study we use a long run macroeconomic model for Austria to simulate the effects of aging on employment, output growth, and the solvency of the social security system. By disaggregating the population into six age cohorts and modelling sex specific participation rates for each cohort, we...

In this paper in attempt has been made to propose some strategic measures which are important for the survival of financial institutions in the 21st century. The study points out that liberalization and globalization offered many opportunities to financial institutions to provide wider range of...

Risk management refers to balancing risk and earnings, generally those who run businesses naturally assume the risk because they get in that position as a result of past successes. The challenge for managers is the intelligent risk-taking. Running a successful business means taking advantage of...