Pension reform, economic growth and financial development - an empirical study
Pension reform is one of the biggest challenges facing national governments. How to reform the old pay-as-you-go (PAYG) systems is still under hot debate; one of the most influential funded pension schemes is designed by the World Bank.
Hu, YW
core
Personal assets and pension reform: How well prepared are the Germans? [PDF]
Demographic change presents major financing problems for the pay-as-you-go pension system. In response to these problems, the 2001 and 2004 German pension reforms reduced the statutory level of benefits from the pay-as-you system.
Lothar Essig, Axel Börsch-Supan
core +2 more sources
"Choice of Pension Discount Rate in Financial Accounting adn Stock Prices" [PDF]
Under present financial accounting standards, in Japan and in U.S., firms can hoose pension discount rates, which they use for earnings measurement, at their discretion. First, this paper investigates, what factors affect their choice of pension discount
Takashi Obinata
core
Deconstructing herding : evidence from pension fund investment behavior [PDF]
Pension funds have been expected to invest in a wide range of securities and provide liquidity to domestic capital markets since they are the most sophisticated investors, with plenty of resources to gather private information and manage portfolios ...
Raddatz, Claudio, Schmukler, Sergio L.
core
PENSION FUNDS AND CAPITAL MARKET DEVELOPMENT:HOW MUCH BANG FOR THE BUCK? [PDF]
This paper studies the relation between institutional investors and capital market development by analyzing unique data on monthly asset-level portfolio allocations of Chilean pension funds between 1995 and 2005. The results depict pension funds as large
Raddatz, Claudio, Schmukler, Sergio L.
core
Pension Insurance Data Book 2001
[Excerpt] The Pension Benefit Guaranty Corporation (PBGC) was established by the Employee Retirement Income Security Act of 1974 to ensure that participants in defined benefit pension plans receive their pensions if their plans terminate without ...
Pension Benefit Guaranty Corporation
core
The Value and Risk of Defined Contribution Pension Schemes: International Evidence [PDF]
Using data on historical returns on international financial assets, the paper simulates pension fund and pension replacement ratios, building up frequency distributions of these ratios for individuals saving in a defined contribution pension plan in ...
Ian Tonks, Edmund Cannon
core
How do children's cohabitation and family asset reserves impact rural individuals' participation in commercial pension insurance? [PDF]
Feng C, Zhang Y, Yang L, Wu L, Liu B.
europepmc +1 more source
Exploring pension access and health-seeking behavior among older adults in South Kerala: A mixed-methods study. [PDF]
Anilkumar A, Jose BA, Paul SS.
europepmc +1 more source

