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Persistent link: https://www.econbiz.de/10011695626
Pension benefit rules depend on individual history far more than taxes do, and age plays a much larger role in pension determination than in tax determination. Apart from some simulation studies, theoretical studies of optimal tax design typically contain neither a mandatory pension system nor...
Persistent link: https://www.econbiz.de/10010272934
Persistent link: https://www.econbiz.de/10010527502
amounts, in foreign currency and to foreign banks. Central bank cooperation took the form of a swap network, and amounted to …, the swap network should not be made permanent and given an institutional basis to provide international lending of last … International Economics, concludes in favour of making the swap network permanent, while William Dudley, President of the Federal …
Persistent link: https://www.econbiz.de/10010464518
banks. These central banks had the capacity to use these swap facilities to provide dollar liquidity to institutions in … their jurisdictions. This paper presents the developments in the dollar swap facilities through the end of 2009. The … research, as well as more descriptive accounts, suggests that the dollar swap lines among central banks were effective at …
Persistent link: https://www.econbiz.de/10010283558
The purpose of this contribution is to illustrate the mechanism by which higher oil prices might lead to lower interest rates in the context of a simple model that takes into account the global external savings equilibrium. The simple model has interesting implications for how one views the huge...
Persistent link: https://www.econbiz.de/10010265785
The purpose of this contribution is to illustrate the mechanism by which higher oil prices might lead to lower interest rates in the context of a simple model that takes into account the global external savings equilibrium. The simple model has interesting implications for how one views the huge...
Persistent link: https://www.econbiz.de/10010271127
richest exhibit a strikingly similar pattern, falling in the three decades after World War II, before rising sharply from the …
Persistent link: https://www.econbiz.de/10010270632
Banks play a role in the corporate governance of firms as well as acting as debt financiers around the world. Universal …
Persistent link: https://www.econbiz.de/10011605112
Anhand von Einkommensteuerdaten beleuchten wir erstmals den Markt für Unternehmensverkäufe in den Jahren 2001 bis 2016. Sowohl die Anzahl der Verkäufe als auch die damit erzielten durchschnittlichen Gewinne sind im Zeitverlauf gestiegen. Im Jahr 2016 wurden rund 100.000 Unternehmen verkauft....
Persistent link: https://www.econbiz.de/10013460368