The "Silent Reserves" of the Patriarchal Chinese Welfare System: Women as "Hidden" Contributors to Chinese Social Policy. [PDF]
Int J Environ Res Public Health, 2020 Wang Y, Liu T.
europepmc +1 more source
In this paper we study the opportunity loss of the Greek social security system in terms of risk and return, caused by the inflexible investment constraints under which Greek pension funds operated in the period 1958-2000.
Roupas, Theodor /A +2 more
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ASSESSING ADMINISTRATION CHARGES FOR THE AFFILIATE IN INDIVIDUAL ACCOUNT SYSTEMS [PDF]
In any pension system based on capitalization, affiliates have to cover certain explicit costs which in a pay-as-you-go system would be implicit. In this paper we set out a model based on Whitehouse (2000) and Diamond (1999) to enable the explicit costs ...
Rosa Rodríguez- Barrera +2 more
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Household portfolio allocation and stock market beliefs: Evidence from Japanese households
Journal of Financial Research, EarlyView.Abstract We analyze data from the Keio Household Panel Survey (KHPS) to investigate how individuals' beliefs about financial markets influence current and planned asset holdings. Our results reveal statistically and economically significant relations between specific beliefs and both present asset allocations and accumulation.
Raslan Alzuabi, Daniel Gray
wiley +1 more source
Managing public pension reserves - Part I : evidence from the international experience [PDF]
Many pension schemes mandated by governments have accumulated large reserves. The management of these funds has a direct effect on financial sustainability, and potential benefit levels.
Palacios, Robert J., Iglesias, Augusto
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The expected inflation risk premium in the U.S. stock market
Journal of Financial Research, EarlyView.Abstract This article studies how expected inflation risk affects asset prices. We propose an ex‐ante, tradable proxy for this risk, derived from the term spread of gold futures prices. Using cross‐sectional and time series asset pricing tests, we show how an increase in expected inflation risk lowers contemporaneous prices and raises equity returns ...
Pascal Letourneau +2 more
wiley +1 more source
Net Pension Liabilities, Intergenerational Equity, and Pension Reforms
This paper examines an ideal pension system that would prevent an increase in net pension liabilities and redress intergenerational inequalities. The direction of pension system reform that this paper proposes is to limit the amount of pension benefits ...
オシオ, タカシ +2 more
core +1 more source
Pensions at a glance: public policies across OECD countries
This second edition of Pensions at a Glance updates all the important indicators of retirement-income systems developed for the first edition. The values of all pension system parameters reflect the situation in the year 2004.
Queisser, Monika, Whitehouse, Edward
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Administrative costs and the organization of individual retirement account systems : a comparative perspective [PDF]
What is the most cost-effective way to organize individual accounts that are part of a mandatory social security system? Defined-contribution individual account components of social security systems are criticized for being too expensive.
Smalhout, James +2 more
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No Remedy: Injustice and Constrained Citizenship in Indonesia's Plantation Zone
Journal of Agrarian Change, EarlyView.ABSTRACT This contribution to the special issue examines a constrained version of citizenship in Indonesia's plantation zone. When corporations take hold of village land, residents experience devastating dispossession and a profound sense of injustice, yet they lack effective channels through which to claim rights as citizens or secure remedy from the ...
Tania Murray Li, Pujo Semedi
wiley +1 more source