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In this dissertation, two questions concerning monetary policy under the Taylor rule have been addressed. The first question is on, under the Taylor rule, whether a central bank should be responsible for both bank supervision and monetary policy or whether the two tasks should be exercised by...
Persistent link: https://www.econbiz.de/10009464972
When preparing its accession strategy, candidate countries with currency board arrangements have to deal with two basic issues: on the exchange rate system and on entering the EMU. The national legal framework regarding monetary issues and the negotiation positions of individual countries are...
Persistent link: https://www.econbiz.de/10009463702
When preparing its accession strategy, candidate countries with currency board arrangements have to deal with two basic issues: on the exchange rate system and on entering the EMU. The national legal framework regarding monetary issues and the negotiation positions of individual countries are...
Persistent link: https://www.econbiz.de/10009463926
consideration in order to identify the relationship between the two industries within the context of Cyprus. The airline industry … analysis are employed. In particular, 26 interviews of ‘power-elite’ policymakers and stakeholders in Cyprus are used to … innovation. Furthermore, 300 self-administered questionnaires were distributed to British travellers to Cyprus, so as to identify …
Persistent link: https://www.econbiz.de/10009440924
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...
Persistent link: https://www.econbiz.de/10009465450
China is currently in the process of developing the largest pension system in the world and it is doing this in the context of profound economic reform and demographic transformation. The central government has followed a step-by-step approach to set up a system that is capable of accommodating...
Persistent link: https://www.econbiz.de/10009468277
Once an integral component of company-sponsored compensation schemes in many Western economies, private defined benefit (DB) pensions are in decline. For many, DB schemes (and their related healthcare liabilities, depending on the jurisdiction) have hobbled the financial well being of plan...
Persistent link: https://www.econbiz.de/10009441473
Artículo de revista ; This article analyses recent developments in the average effective retirement age in light of the 2011 reform and the different forms of retirement. The analysis shows, first, that the effective retirement age has tended to increase in recent years as a result of the net...
Persistent link: https://www.econbiz.de/10012525511
En este trabajo se utiliza un modelo de generaciones solapadas (OLG) para simular el comportamiento futuro del sistema de pensiones en España. Se compara el sistema en vigor tras la reforma de 2011 con varias alternativas que incluyen diversos diseños institucionales. En concreto, se explora...
Persistent link: https://www.econbiz.de/10012530442
El envejecimiento de la población es un proceso imparable que continúa suponiendo un reto para la sostenibilidad del sistema de reparto de pensiones en la mayoría de los países desarrollados, incluida España. Gran parte de estos países necesitan llevar a cabo reformas en sus sistemas de...
Persistent link: https://www.econbiz.de/10012530444