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To counteract aging populations, statutory pay-as-you-go pension systems are subject to fundamental reforms in many …
Persistent link: https://www.econbiz.de/10010488502
our understanding of how population aging influences asset returns. I construct a high-order polynomial estimation of the … population aging has the strongest effect on housing prices. Real returns on housing and bond decline as the population gets …
Persistent link: https://www.econbiz.de/10013099660
To counteract the financial pressure emerging in aging societies, statutory pay-as-you-go pension schemes are …
Persistent link: https://www.econbiz.de/10013052317
To counteract the financial pressure emerging in aging societies, statutory pay-as-you-go pension schemes are …
Persistent link: https://www.econbiz.de/10010362261
To counteract the financial pressure emerging in aging societies, statutory pay-as-you-go pension schemes are …
Persistent link: https://www.econbiz.de/10010362934
Persistent link: https://www.econbiz.de/10011474095
This paper examines the determinants of the Greek yield spread and finds that a significant determinant for both the level and the changes in the spread, along with local economic activity, is local and international investor sentiment, especially during the crisis period
Persistent link: https://www.econbiz.de/10013124281
Current demographic dynamics driven by low fertility and increasing longevity requires adjustments of the traditional frameworks of providing pensions. In this article we highlight three crucial issues policymakers should address by implementing those adjustments. First, fiscal limitations given...
Persistent link: https://www.econbiz.de/10013102070
A sustainable standard of living at retirement is an issue of great importance for most retirees, and is certainly a major consideration in the allocation of client portfolios for private wealth managers. This study uses historical returns and incorporates boot strapping techniques to determine...
Persistent link: https://www.econbiz.de/10013064380
The management of business has the task of conducting business performance analysis. The modern corporate business looks for not only financial performance also technical performance analysis. The present study is to fulfill the modern corporate business performance ambition by conducting the...
Persistent link: https://www.econbiz.de/10013158336