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Some financial implications of United States pension actuarial methods and assumptions

Gold, Jeremy - 2000

management while ignoring and contradicting contemporaneous developments in finance. This has distorted the accounting, tax and … finance lessons of Black (1980) and Tepper (1981) to "cash balance" pension plans, concluding that these plans can best serve … investing and smooth away the risks incurred without causing bias. Modern finance may correct this and inform future actuarial …

Persistent link: https://www.econbiz.de/10009439129

Social interaction and economic institution

Park, Yongjin - 2004

borrowing firms, banks may increase the number of firms they initially finance by offering lower loan rates. At the same time …

Persistent link: https://www.econbiz.de/10009467803

Financial liberalization and its distributional consequences: An empirical exploration

Jayadev, Arjun - 2005

Although there has been growing interest in the social impacts of financial deregulation in economies across the world, a large research gap persists. Despite voluminous literature, there has been very little empirical work addressing the distributional consequences of a liberal financial...

Persistent link: https://www.econbiz.de/10009468048

Three essays on China's state owned enterprises: Towards an alternative to privatization

Li, Minqi - 2002

A common theme in the analysis of the contemporary Chinese economy is that the Chinese state owned enterprises fail to operate efficiently because of ambiguous property rights, soft budget constraints, and government intervention. These authors advocate an economic reform program based on...

Persistent link: https://www.econbiz.de/10009468199