Results 51 to 60 of about 15,627,980 (148)
Pension reform, savings behavior and capital market performance [PDF]
This paper shows that the capital market effects of population aging and pension reform are particularly strong in continental European economies such as France, Germany, and Italy.
Jens Köke +2 more
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Pensions as Retirement Income Insurance [PDF]
This paper develops the view that employer-sponsored pension plans are best understood as retirement income insurance for employees and from that perspective addresses a number of questions regarding the reasons for their existence, their design, and ...
Zvi Bodie
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Do a Firm's Equity Returns Reflect the Risk of Its Pension Plan? [PDF]
This paper examines the empirical question of whether systematic equity risk of U.S. firms as measured by beta from the Capital Asset Pricing Model reflects the risk of their pension plans.
Zvi Bobie, Li Jin, Robert Merton
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THE PUBLIC PENSION SYSTEM COMPARATIVE STUDY BETWEEN ROMANIA AND GERMANY [PDF]
Pensions are the main form of protection to citizens by the state social insurance. This paper aims to build a comparative study of the main categories of pension granted in the public pension system - the old-age pension in Romania and Germany.
Stela Aurelia Toader
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A Macro Analysis of China Pension Pooling System: Incentive Issues and Financial Problem [PDF]
Over a decade-long of pension reform in China has became much more critical in recent years. Problems of pension reform have started to reveal rapidly and pension reform pace has apparently slowed down.
Chen, Vivian Y.
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Aging, Pension Reform, and Capital Flows: [PDF]
We present a quantitative analysis of the effects of population aging and pension reform on international capital markets. First, demographic change alters the time path of aggregate savings within each country. Second, this process may be amplified when
Winter, Joachim +2 more
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Pension reform, employment by age and long-run growth [PDF]
We study the effects of pension reform in a four-period OLG model for an open economy where hours worked by three active generations, education of the young, the retirement decision of older workers, and aggregate per capita growth, are endogenous.
Freddy HEYLEN +2 more
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How Will Sweden's New Pension System Work? [PDF]
In 1998, the Swedish Parliament passed pension legislation that transformed Sweden's Social Security system to a Notional Defined Contribution (NDC) plan 3/4 that is, a defined contribution plan financed on a pay-as-you-go basis.
Annika Sunden
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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
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Investment risk taking by institutional investors [PDF]
This paper is the first that formally compares investment risk taking by pension funds and insurance firms. Using a unique and extended dataset that covers the volatile investment period 1995-2009, we find that, in the Netherlands, insurers take ...
Janko Gorter, Jacob Bikker
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