Este documento desarrolla un modelo para el sistema de pensiones peruano con el fin de estudiar los probables efectos sobre distintos segmentos de la población de la reforma del Sistema Privado de Pensiones (SPP) peruano implementado en el año 2012. Se realizan además diversos experimentos...

The aim of this paper is to point out reforms on the payroll of pensioners and survivors which are possible to be implemented by states, municipalities and the Federal District. All proposals are entirely consistent with that established by the Constitution and by federal laws. In that sense,...

The aim of this paper is to point out reforms on the payroll of pensioners and survivors which are possible to be implemented by states, municipalities and the Federal District. All proposals are entirely consistent with that established by the Constitution and by federal laws. In that sense,...

The state of Connecticut runs six defined benefit pension funds for its employees, which in the aggregate are among the most poorly funded retirement plans in the country and place increasing fiscal burdens on the state budget. We use a computer model to simulate the finances of these plans,...

Based on reviewing the literature in the field, the article shows the importance accorded to issues of structural funds absorption. The subject is central to assessing how the administrative capacity to absorb EU candidate countries in terms of structural funds. It will describe the methodology...

This paper provides an empirical investigation of the agency relationship between the public sector and small firms targeted for assistance by examining micro and macro data for a cross section of eligible women business enterprises (WBEs). Using hedonic sales and employment indices we find that...

To what extent do bond market reactions to an unexpected deficit shock depend on state-specific politics? To answer this question, we calculate German state bond spreads over government benchmark paper using information from Datastream for the period 2006-2010. We test for a variety of...

Spanish Abstract: En Colombia ha surgido una política con el acto legislativo no. 4 del 2007, donde se otorga un dinero extra para los municipios con menos de 25.000 habitantes por medio del SGP, al rubro de participación de propósito general. Este ingreso se distribuye por conceptos de...

A new Unemployment Insurance System based on individual accounts was launched in Chile on October 2002. One of the most interesting features of the system is given by the compensation scheme of the fund manager, which contains a performance based incentive benchmarked to one of the default...