Reform options for pay-as-you-go public pension systems [PDF]
Public pension schemes in many countries are predominantly of a pay-as-you-go (PAYG) type, particularly in advanced and transition economies. This paper reviews the types of stresses that PAYG systems can experience and discusses a range of policy ...
Chand, Sheetal K., Jaeger, Albert
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Membership‐Making in Diverse Societies: Revisiting the Idea of Society as a Common Possession
ABSTRACT The traditional aim of Western social democracy has been to create a society that is a ‘common possession’ of its members (in T.H. Marshall's words). Social democratic politics has therefore been both society‐making and membership‐making, orienting people to a shared society as an object of attachment and loyalty, and nurturing membership ...
Will Kymlicka
wiley +1 more source
Management of China's foreign exchange reserves: a case study on the state administration of foreign [PDF]
Summary for non-specialistsWith rapid economic growth and continuing economic integration with the outside world, China's foreign exchange (FX) reserves have witnessed considerable accumulation.
Yu-Wei Hu
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Gubernatorial Re‐Election Incentives, Local Investment Bias, and Pension Fund Performance
ABSTRACT We investigate the impact of gubernatorial re‐election incentive and political factors on US public pension funds from 1990 to 2022. Our empirical analysis finds no significant overall relationship between gubernatorial re‐election incentives and local bias in the full sample.
Hongxian Zhang +3 more
wiley +1 more source
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
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The economics of the United Kingdom pension funds. [PDF]
This Thesis examines the nature and role of the pension funds in the United Kingdom, in theory and in practice, from within and without, and from a contemporary and historical perspective. The pension funds are considered via a series of broad surveys,
Cohen, I.K, Cohen, Ivan Keith
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In children with presumptive tuberculosis, comprehensive point‐of‐care (cPOCUS) identified key thoracic abnormalities with high specificity and excellent inter‐reader reliability. Although diagnostic sensitivity was modest and examinations often incomplete, cPOCUS shows promise as a complementary, radiation‐free imaging tool.
Isabelle Munyangaju +17 more
wiley +1 more source
Studying to Support? Exploring Remittance Responsibilities Among Black South African Graduates
ABSTRACT A large majority of Black South Africans remain restricted by intergenerational education and economic disadvantages. Labour market returns to tertiary qualifications are high, but the share of youth accessing post‐secondary education remains low.
Emma Whitelaw +2 more
wiley +1 more source
Working Pensioners as a reserve for filling the Deficit in the labor market
Currently, there is a situation in the labor market in which the unemployment rate has exceeded the lower limits of its natural level in conditions of an acute shortage of personnel, when the number of open vacancies exceeds the number of applicants. The issue of finding reserves to fill this deficit by involving more pensioners in the workforce and ...
Yu. S. Kolesnikova +4 more
openaire +1 more source
The impact of pension reforms and demography on stock markets [PDF]
Population aging is just beginning to hit the industrialized countries in full force, and it will have a tremendous impact on capital markets. Capital market effects of population aging are particularly strong in continental European economies such as ...
Joachim Winter
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