Results 61 to 70 of about 15,627,980 (148)
Corporate Pension Policy and the Value of PBGC Insurance [PDF]
This paper derives the value of PBGC pension insurance under two scenarios of interest. The first allows for voluntary plan termination, which appears to be legal under current statutes.
Alan J. Marcus
core
Reform of the Public Pension System in Germany [PDF]
This paper studies the current crisis in the German pension system and discusses the various reform proposals.
Gert Wagner, Kai A. Konrad
core
ANALYSIS OF THE ROMANIAN PENSION SYSTEM FROM AN EUROPEAN [PDF]
The political, economic, social, cultural and especially demographic aspects have put their inprints on the pension, so that it should keep in mind the way they were built and are building the European social policies in general, and EU policy on ...
VIRJAN DANIELA
core
On asset-liability matching and federal deposit and pension insurance [PDF]
Asset-liability mismatch was a principal cause of the Savings and Loan Crisis of the 1980s. The federal government's failure to recognize the mismatch risk early on and manage it properly led to huge losses by the Federal Savings and Loan Insurance ...
Zvi Bodie
core
Inclusion or Insurance? National Insurance and the future of the contributory principle [PDF]
This paper examines the decline of National Insurance in Britain, as witnessed by its declining share of all social security spending and the steady dilution of the "contributory principle" on which it was originally based. It argues that this decline is
John Hills
core
The structure, regulation, and performance of pension funds in nine industrial countries [PDF]
The author offers an overview of issues relating to the development of funded pension schemes in industrial countries. The analysis applies the economic theory of pension regulation to experience with the structure, regulation, and performance of funds ...
Davis, E.P., DEC
core
Toward better regulation of private pension funds [PDF]
The author analyzes the typical model for regulating investments in private pension funds. Pension reforms like those pioneered by Chile are being initiated or considered in Argentina, Bolivia, China, Colombia, Costa Rica, Hungary, Mexico, Peru, Uruguay,
Shah, Hemant
core
Government guarantees on pension fund returns [PDF]
This report reviews defined contribution pension return guarantees typically made by governments in connection with pension privatizations. Finance theory related to the pricing of options provides a unifying framework for evaluating the cost of these ...
Pennacchi, Pennacchi, George
core
The use of derivatives to hedge embedded options : the case of pension institutions in Denmark [PDF]
The main purpose of this paper is to examine the growing use of derivatives by Danish pension institutions as a risk management tool to hedge embedded options on their balance sheets. Throughout the 1980s and 1990s it was a widespread practice for Danish
Ladekarl, Jeppe +3 more
core
Pension Reforms in India: Myth, Reality and Policy Choices [PDF]
Escalating costs of the pension system is forcing the Indian Government to reevaluate the formal programmes that provide social security to employees. The government has so far received three official reports (namely, OASIS, IRDA and Bhattacharya), which
Gupta Ramesh
core