Showing 1 - 10 of 24
Persistent link: https://www.econbiz.de/10015415749
Purpose – This paper aims to examine the investment performance of pension funds in the UK using the three standard performance measurement models, the capital asset pricing model (CAPM), Fama-French model and the Carhart model. Design/methodology/approach – The authors use the CAPS-Mellon...
Persistent link: https://www.econbiz.de/10015014154
Persistent link: https://www.econbiz.de/10014435434
Purpose: This paper aims to study long-term savings accumulation in the UK. The authors use cross-sectional information from the extensive data set of the Family Resources Survey to compare long-term saving amongst different ethnic groups with the control group, the native population. The paper...
Persistent link: https://www.econbiz.de/10012080018
Purpose – The purpose of this paper is to investigate how changes in the distribution of pre retirement labour earnings affect post‐retirement income in the UK. Design/methodology/approach – The authors estimate a PROBIT model and perform a counterfactual simulation to assess the effects...
Persistent link: https://www.econbiz.de/10014863365
Purpose – The purpose of this paper is to investigate how changes in the distribution of pre retirement labour earnings affect post-retirement income in the UK. Design/methodology/approach – The authors estimate a PROBIT model and perform a counterfactual simulation to assess the effects of...
Persistent link: https://www.econbiz.de/10010684925
Persistent link: https://www.econbiz.de/10012281230
This study examines whether household access to microfinance reduces poverty in Pakistan and, if so, how and to what extent. It draws on primary empirical data gathered by interviewing 1132 households, including both borrower and non-borrower households, in 2008-2009. Sample selection biases...
Persistent link: https://www.econbiz.de/10011104573
This paper examines regional divergence in income across different states in India, and estimates convergence clubs endogenously. The paper makes two useful contributions. First, the data is analyzed using a novel method due to Phillips and Sul (2007) leading to different conclusions in...
Persistent link: https://www.econbiz.de/10010608278
Persistent link: https://www.econbiz.de/10012208386