One of the reasons for the success of Fiji Nursing and Associates Credit Union (FNACU) was through innovation in governance by making amendments to the Credit Union Act to allow for expansion of their membership to paramedics and minors. Cooperatives including credit unions have played a...

University of Minnesot Ph.D. dissertation. July 2010. Major: Economics. Advisor: Larry E. Jones and Narayana R. Kocherlakota. 1 computer file (PDF); vi, 99 pages, appendices A-B.

This paper explores the effects of unemployment on the school enrolment decisions. A few studies that have taken up this issue in the past have produced results that are seemingly contradictory with each other. We build a model of the enrolment decision that is capable of explaining these...

This paper studies the impact of variations of a pay-as-you-go pension system on welfare in a stochastic overlapping generations model where compulsory public retirement savings coexist with private savings in assets and bonds. It is shown that, for a stationary population, any reduction of...

Pension reform is one of the biggest challenges facing national governments. How toreform the old pay-as-you-go (PAYG) systems is still under hot debate; one of themost influential funded pension schemes is designed by the World Bank. In thesecond chapter of this paper, we first review the...