Showing 1 - 10 of 317
This paper explores whether changes in the age distribution have significant effects on financial markets that are rational and forward-looking. It presents an overlapping generations model in which agents make a portfolio decision over stocks and bonds when saving for retirement- Using the...
Persistent link: https://www.econbiz.de/10005826510
This paper focuses on Senegal’s second poverty reduction strategy paper (PRSP–II). It summarizes the results of the participatory PRSP review process prior to final validation and adoption by the government. As an economic and social policy document for growth and poverty reduction...
Persistent link: https://www.econbiz.de/10011242593
This paper focuses on Poverty Reduction and Growth Strategy Paper–II (GPRSP II) for Cape Verde. The GPRSP II is formulated with reference to five major strategic aims concerning good governance, human capital, competitiveness, infrastructure building, and social cohesion. In identifying...
Persistent link: https://www.econbiz.de/10011243221
This paper provides the first systematic study of how minimum wage policies in China affect firm employment over the … impact on employment, with an estimated elasticity of -0.1. Furthermore, we find a heterogeneous effect of the minimum wage … on employment which depends on the firm's wage level. Specifically, the minimum wage has a greater negative impact on …
Persistent link: https://www.econbiz.de/10011123849
We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based … price index, and fuel prices. Our results indicate that greater uncertainty has a negative impact on growth of employment …-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we need to …
Persistent link: https://www.econbiz.de/10011123865
KEY ISSUES Context: Austria did not experience a severe boom-bust cycle and came through the crisis relatively well …
Persistent link: https://www.econbiz.de/10011243102
companies in Austria appear well capitalized under the Solvency I regime. The industry remains profitable though margins have …
Persistent link: https://www.econbiz.de/10011243629
This paper presents details of Austria’s 2013 Article IV Consultation. Austria has been growing economically but is …
Persistent link: https://www.econbiz.de/10011244029
This Technical Note analyzes crisis preparedness and management framework in Austria. The global crisis revealed … weaknesses in Austria’s financial stability policy framework. Austria needs to put in place a special bank resolution regime to …
Persistent link: https://www.econbiz.de/10011244325
on Austria. Since the outbreak of the financial crisis, some Austrian credit institutions had to be nationalized as an ad …
Persistent link: https://www.econbiz.de/10011244459