In this paper, we present an OLG simulation model with endogenous fertility in order to analyze the relationship between child benefit and fiscal burden in Japan. Our simulation results show that expansion of the child benefit will improve the welfare of current and future generations. On the...

The article presents an analysis of welfare effects in Slovenia, an analysis of macroeconomic effects of the Slovenian pension reform and an analysis of effects of the pension fund deficit on sustainability of Slovenian public finances with a dynamic OLG general equilibrium model. Stress was...

An ageing workforce due to low fertility rates and higher life expectancies challenges modern industrialized economies. To secure economic welfare and the balance of public budgets, governments worldwide implement reforms to increase the retirement age. This trend towards higher retirement age...

The paper proposes a method to speed up the transition toward the notional contributions pension system in Italy. It seems the most appropriate manner to combine and pursue employment and financial sustainability goals. The method computes percentages for abating the old retributive pensions...

The demographic database of Eurostat and of Us Census of Bureau are explored and the main facts are extracted and described. This paper is completely self-standing but is also part of a more general analysis dedicated to the functioning and sustainability of pay-as-you-go to finance the welfare...

Public insurers face trade-offs between the individual and collective benefits they can provide given limited resources. Drug expenditure is one of the largest components of health spending and it is not clear cut what should be readily available. We study litigation as a safety valve using data...

Abstract This paper considers the evolution of cost-benefit analysis, CBA, and proposes a foundation for its current use and continued development, to be called benefit-cost analysis, BCA. In the trajectory from CBA to BCA elements of a new foundation include first a recognition that there is a...

Project management, a methodological approach that has gained the trust of many organizations, is significantly influenced by leadership and management style, playing a vital role in project success. This discussion paper attempts to underscore the role of leadership and management style in...

Infrastructures have been traditionally built, maintained and operated by the public sector. Road and railway networks, energy, electricity and water were traditionally designed in public sector headquarters in many countries until the eighties. Since then, and due to fiscal crisis and public...

High Speed Railways (HSR) is currently regarded as one of the most significant technological breakthroughs in passenger transportation developed in the second half of the 20th century. At the beginning of 2008 there were about 10,000 kilometres of new high speed lines in operation around the...