Results 121 to 130 of about 165,493 (224)

The Crisis of Germany's Pension Insurance System and How It Can Be Resolved [PDF]

The paper discusses the options for a reform of the German pension system using a model developed at CES for the German Council of economic advisors to the Federal Ministry of Economics and Research.
Hans-Werner Sinn
core  

When attentive insider trading matters: Evidence from government investment

Journal of Financial Research, EarlyView.
Abstract We examine whether insiders can exploit public information to increase their trading profitability. By exploiting, as a quasi‐natural experiment, the Bipartisan Infrastructure Law (BIL), announced in the U.S. in March 2021 and implemented in November 2021, we provide evidence that insiders earn higher profits when government investment plans ...
Dimitris Petmezas, Etienne Redor, Shaoyi Wang, Nan Xiong   +3 more
wiley   +1 more source

Institutional investors and securities markets : which comes first? [PDF]

Institutional investors comprise pension funds, insurance companies, and mutual funds. Should a country promote their creation if it lacks well-developed securities markets? The answer to this question, says the author, varies by type of investor.
Vittas, Dimitri
core  

Bank Opacity and Safe Asset Moneyness

Journal of Money, Credit and Banking, EarlyView.
Abstract A bank is more effective as a supplier of money‐like safe assets when (i) its return on equity (ROE) is relatively lower and (ii) it is relatively more opaque about its balance sheet. A model is presented to support this, emphasizing that safe asset investors focus on the left tail of the collateral value distribution.
SANG RAE KIM
wiley   +1 more source

Cumulative displacement in old age: a phenomenological study of life-course trajectories to homelessness among older adults in Iran. [PDF]

BMC Geriatr
Parvaei S, Rashedi V, Sharifi Saei MH.
europepmc   +1 more source

Monetary Policy When Preferences Are Quasi‐Hyperbolic

Journal of Money, Credit and Banking, EarlyView.
Abstract We study discretionary monetary policy in an economy where economic agents have quasi‐hyperbolic discounting. We demonstrate that a benevolent central bank is able to keep inflation under control for a wide range of discount factors. If the central bank, however, does not adopt the household's time preferences and tries to discourage early ...
RICHARD DENNIS, OLEG KIRSANOV
wiley   +1 more source

Improved long-term care provision in the context of population ageing. [PDF]

Bull World Health Organ
Chhetri JK, Kamholz B, Chan P, Jang H, Sadana R.   +4 more
europepmc   +1 more source

Annuity markets and benefit design in multi-pillar pension schemes : experience and lessons from four Latin American countries [PDF]

A growing number of countries have introduced mandatory defined contribution schemes. As these schemes mature, their success will increasingly depend on how well they translate accumulated funds into a stream of retirement income. Successful reforms will
Palacios, Robert, Rofman, Rafael
core  

The Benefits of Access: Evidence from Private Meetings with Portfolio Firms

The Journal of Finance, EarlyView.
ABSTRACT We use large language models to analyze the content of 4,700 private meetings between a large active asset manager and its portfolio firms. The high‐level meetings convey mostly soft information about the firm, and little about industry or market. Fund manager meetings focus on business models and financial metrics, while governance specialist
MARCO BECHT, JULIAN FRANKS, HANNES F. WAGNER   +2 more
wiley   +1 more source

Policy frameworks for promoting public hospital development in major economies: implications for China. [PDF]

Front Public Health
Shu Y, Li Z, Xie R.
europepmc   +1 more source