Does the reform of the phased reduction of the pension insurance contribution rate benefit the labor income share of enterprises? [PDF]
IntroductionThis paper develops a theoretical model to clarify the mechanisms by which pension insurance contribution rate affects the labor income share of enterprises and conducts empirical validation.MethodsUtilizing a difference-in-differences ...
Chengqiang Dou, Ying Liu
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“Pension capital” in representations of large cities residents: the experience of sociological analysis [PDF]
The article discusses the possibility of applying the theories of human and social capital to the sociological study of “pension capital”. The authors methodologically substantiate that “pension social capital” in modern Russia already has certain ...
Vlasova O.I. +2 more
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Analysis And Prospects Of Private Pension Funds In Russia
The article under the title "Analysis and prospects of private pension funds in Russia" deals with the pension system of the Russian Federation and the problems that the private pension funds will be facing with the introduction of the new pension reform.
Alexey Pudovkin
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Funded-capitalized pension designs and the demand for minimum pension guarantee [PDF]
Using funded and unfunded pillars, the optimal pension structure is estimated using an over-lapping generation model, calibrated to the average OECD countries. While simulating different pillar sizes, a socio-economic characteristic was revealed in which low-earning groups are prone to unexpected market risks than high-earning cohorts and support a ...
Ishay Wolf +1 more
openaire +4 more sources
Reaction of Zagreb Stock Exchange CROBEX Index to macroeconomic announcements within a high frequency time interval [PDF]
The purpose of this study is to analyse Zagreb Stock Exchange CROBEX Index reactions to selected macroeconomic announcements within ultra-short time intervals.
Tomasz Schabek +2 more
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NIGERIA ECONOMIC GROWTH AND CAPITAL MARKET DEVELOPMENT: DOES CONTRIBUTORY PENSION SCHEME MATTER?
Whether the contributory pension scheme (CPS) has addressed the shortage of capital for investments, the challenge of full compliance with the system and the shortage of investment outlets spurred the interest to investigate the impact of the CPS on ...
Ayorinde Olutimi AKINWUMI +2 more
doaj +1 more source
The number of older adults is rising rapidly in China. Various concerns such as chronic diseases, financial inadequacy, and a feeling of loneliness have adversely affected the mental health of older adults, and this has become an important public health ...
Kuang-Cheng Chai +10 more
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This study proposes a structured product (SP) for hedging defined contribution pension fund members against capital market risk. Using Monte Carlo simulations on three different guaranteed returns to test the investment strategy of the SP against a ...
Zvika Afik, Elroi Hadad, Rami Yosef
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Redistribution, Pension Systems and Capital Accumulation [PDF]
In this paper we study the macroeconomic impact of a policy which changes the redistributive properties of an unfunded pension system. Using an overlapping generations model with a closed economy and heterogeneous agents, we show that a weaker link ...
Christophe Hachon
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Corporate Pension Payment System under the Constraints of Cost of Capital: An Empirical Study
Reducing the cost of capital is an effective way to increase stockholders’ wealth and can also constrain the amount of corporate pension payments. This paper, taking the companies listed on A-share market during the year from 2008 to 2019 as samples ...
Lingbin Shan, Ming Su
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