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Variations among the diverse pension systems in the member states of the European Union (EU) hamper labor market mobility across national borders and also among firms within the countries of the EU. From a macroeconomic perspective, and in the light of demographic pressure, this paper argues...
Persistent link: https://www.econbiz.de/10010436020
Variations among the diverse pension systems in the member states of the European Union (EU) hamper labor market mobility across national borders and also among firms within the countries of the EU. From a macroeconomic perspective, and in the light of demographic pressure, this paper argues...
Persistent link: https://www.econbiz.de/10009767598
Persistent link: https://www.econbiz.de/10005243483
This article analyzes the manifold situations in which the efficient-market hypothesis (EMH) has influenced—or has failed to influence—federal securities regulation and state corporate law, and the prospective roles for the EMH in these contexts. In federal securities regulation, the EMH has...
Persistent link: https://www.econbiz.de/10010603964
Persistent link: https://www.econbiz.de/10009275656
Compared to the U.S., the euro area has been underperforming in the wake of the Great Financial Crisis (GFC). This holds especially true for peripheral euro area economies. Whereas the U.S. is characterised by a financial system dominated by arms' length (capital-market oriented) interaction...
Persistent link: https://www.econbiz.de/10012054629
Compared to the U.S., the euro area has been underperforming in the wake of the Great Financial Crisis (GFC). This holds especially true for peripheral euro area economies. Whereas the U.S. is characterised by a financial system dominated by arms’ length (capital-market oriented) interaction...
Persistent link: https://www.econbiz.de/10012051211
the crowdfunding market in sub-Saharan Africa by 2025. The objective of this paper is to make an inventory of Crowdfunding … activities in Africa, region with a most restrictive access to bank loan by SMEs, start-ups and young entrepreneurs. It appears … from the economic and socio-cultural realities that Africa is a region with more potential catalyst for crowdfunding …
Persistent link: https://www.econbiz.de/10013366732
the crowdfunding market in sub-Saharan Africa by 2025. The objective of this paper is to make an inventory of Crowdfunding … activities in Africa, region with a most restrictive access to bank loan by SMEs, start-ups and young entrepreneurs. It appears … from the economic and socio-cultural realities that Africa is a region with more potential catalyst for crowdfunding …
Persistent link: https://www.econbiz.de/10012990141
Faced with the need to adjust public pension systems to meet changing demographic, economic and social conditions, most developed countries have created government reserve funds to ensure macroeconomic sustainability. This paper aims to study the importance that this reserve fund plays in the...
Persistent link: https://www.econbiz.de/10013363083