Pension reform is a key policy challenge in Russia. This paper examines how pension spending could increase in Russia in the absence of reforms, quantifies the impact of some recent proposals, and suggests some alternatives that would ensure public pension benefits - relative to wages - not fall...

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience...

Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where...

Eine verantwortungsvolle Corporate Governance soll dazu beitragen, dass einerseits das Energieunternehmen und andererseits der wesentliche Gesellschafter, die Kommune, bei der Erfüllung ihrer Ziele unterstützt werden. Wie jeder private Anteilseigner strebt die politische Führung einer Kommune...

In recent years intangible assets have become increasingly important for many companies. One significant category of intangible assets are brands. Because of their growing importance, researchers have begun to develop methods to better measure and account for brand names. Traditional brand...

Inkubatoren unterstützen Neugründungen und junge Unternehmen beim Aufbau ihrer Geschäftstätigkeit. In diesem Beitrag wird auf Basis einer Stichprobe von 72 deutschen Inkubatoren eine Klassifizierung der Inkubatorlandschaft auf Basis ihrer Leistungsangebote vorgenommen. Anhand einer...

This paper re-conceptualizes the planning process in the big data era based on the improvements that non-linear modeling approaches provide over the mainstream linear approaches. First, it demonstrates challenges of conventional linear methodologies in modeling complexities of residential energy...

Die Bewertung von Strom- und Gasnetzen hat für jeden Netzeigentümer eine hohe Bedeutung. In dem Beitrag werden die relevanten Bewertungsmethoden dargestellt. Vertieft werden die Elemente für die Ermittlung des Ertragswerts unter Berücksichtigung der deutschen Netzregulierung. Für die...

Managers entrusted with new product development (NPD) have to seek the optimal balance between prior competencies and learning activities to generate successful products. Yet prior NPD research has largely taken a positivistic view of learning despite an inkling that too much learning can lead...

We examine the effects of endogenous offshoring on cost-efficiency, wages and unemployment in a taskassignment model with skill heterogeneity. Exact conditions for the following insights are derived. The distributional effect of offshoring (high-) low-skill-intensive tasks is similar to...