Search Results - subject_exact:"Indexation"

Fiscal drag in theory and practice : a European perspective

García-Miralles, Esteban; Freier, Maximilian; Riscado, Sara - 2025

This paper presents a comprehensive characterization of "fiscal drag" - the increase in tax revenue that occurs when nominal tax bases grow but nominal parameters of progressive tax legislation are not updated accordingly - across 21 European countries using a microsimulation approach. First, we...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015467254

Fiscal drag in theory and in practice : a European perspective

García-Miralles, Esteban; Freier, Maximilian; Riscado, Sara - 2025

This paper presents a comprehensive characterization of "fiscal drag"-the increase in tax revenue that occurs when nominal tax bases grow but nominal parameters of progressive tax legislation are not updated accordingly-across 21 European countries using a microsimulation approach. First, we...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015589608

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Fiscal drag in theory and in practice : a European perspective

García-Miralles, Esteban; Freier, Maximilian; Riscado, Sara - 2025

Book / Working Paper

Fiscal drag in theory and in practice : a European perspective

García-Miralles, Esteban; Freier, Maximilian; Riscado, Sara - 2025

Book / Working Paper

Fiscal drag in theory and in practice : a European perspective

García-Miralles, Esteban; Freier, Maximilian; Riscado, Sara - 2025

Book / Working Paper

Fiscal drag in theory and in practice : a European perspective

García-Miralles, Esteban; Freier, Maximilian; Riscado, Sara - 2025

Book / Working Paper

Fiscal drag in theory and in practice : a European perspective

Garcı́a-Miralles, Esteban; Freier, Maximilian; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015627156

The distributional implications of pension benefit indexation

Andersen, Torben M.; Jørgensen, Cecilie Marie Løchte - 2024

Socio-economic differences in longevity have fuelled a debate whether pension systems have a regressive bias favouring groups with a high life expectancy. We show that the distributional implications of such pooling depend critically on the benefit profile across age/time, which in turn is...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014470411

The OECD.AI Index

2026

The OECD.AI Index provides governments with a robust framework to measure national AI capabilities and track progress in implementing the OECD AI Recommendation. Using a composite measurement framework, the Index combines existing AI-specific indicators from the OECD.AI Policy Observatory with...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015630421

Medical Card coverage and the impact of income limit freezes

Keane, Claire; Sándorová, Simona; Walsh, Brendan - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015434328

Fiscal Drag in Theory and in Practice: A European Perspective

García-Miralles, Esteban; Freier, Maximilian; Riscado, Sara - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015554423

Fiscal drag in theory and practice: A European perspective

García-Miralles, Esteban; Freier, Maximilian; Riscado, Sara - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015596064

Quels effets budgétaires et redistributifs des règles d'indexation des retraites ?

Blanchet, Didier; Chabaud, Mathieu; Olivia, Tom; Rubin, Jean - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015374534

Mandatory pension savings and the insurance value of annuities

Andersen, Torben M. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015472721

The pension system in the Republic of Serbia : structure, challenges and reform perspectives

Paunović, Sanja; Kosanović, Rajko - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015448093

Medical Card coverage and the impact of income limit freezes

Keane, Claire; Sándorová, Simona; Walsh, Brendan - 2025

Ireland is one of the few European countries without a universal healthcare system (UHC). Instead, a complex system of means-tested schemes that provide free access to various healthcare services or reduced cost medication exist. The most central component of this complex system is the Medical...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015413277

A safe haven index

Baur, Dirk; Dimpfl, Thomas; Pena, Javier - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015562542

Do inflation-linked bonds predict future inflation? : a reassessment using novel methodologies and instruments

Araújo, Gustavo Silva; Bergallo, José Ignacio Ándres; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015597227

Fiscal drag with microsimulation : evidence from Spanish tax records

Balladares, Sofía; García-Miralles, Esteban - 2025 - Version June 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015553772

Fiscal drag in Greece

Flevotomou, Maria; Ventouris, Nikos - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015654495

The Distributional Implications of Pension Benefit Indexation

Andersen, Torben M.; Jørgensen, Cecilie Marie Løchte - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014534308

Growth-friendly taxation in a high-inflation environment

Kiss, Áron; Leodolter, Alexander; Turrini, Alessandro; … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014631444

Progresividad en frío : el impacto heterogéneo de la inflación sobre la recaudación por IRPF

Balladares, Sofía; García-Miralles, Esteban - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015065555

A simple measure of anchoring for short-run expected inflation in FIRE models

Jørgensen, Peter Lihn; Lansing, Kevin J. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015449052

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A simple measure of anchoring for short-run expected inflation in FIRE models

Jørgensen, Peter Lihn; Lansing, Kevin J. - 2024

Book / Working Paper

Optimal inflation target in small open economies: the role of asymmetric nominal rigidities

Rodrigo Arnabal, Luis; Garcia-Cicco, Javier - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015114887

The post-COVID inflation episode

Aguirre, Idoia; Casares, Miguel - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015189656

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The post-covid inflation episode

Aguirre, Idoia; Casares, Miguel - 2023

Book / Working Paper

From global energy price shocks to firms' inflation expectations

Mello Costa, Miguel; Ponce, Jorge - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015329444

What's so inconvenient about TIPS?

Geromichalos, Athanasios; Herrenbrueck, Lucas; Lee, … - 2024

We build on recent developments in the theory of money and liquidity to provide a qualitative and quantitative explanation for the well-known TIPS illiquidity vis-'a-vis non-inflation-protected Treasuries. Our model does not assume exogenous differences between the markets where the two assets...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015405080

Indexing public pensions in progress to wages or prices

Simonovits, András - 2020

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012294716

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Indexing public pensions in progress to wages or prices

Simonovits, András - 2020

Book / Working Paper

Indexing public pensions in progress to wages or prices

Simonovits, András - 2020

Book / Working Paper

Keresetek, valorizáció és nyugdíjak: Koncepcionális kérdések és statisztikai problémák

Obláth, Gábor; Simonovits, András - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014468530

Unexpected inflation and public pensions : the case of Hungary

Simonovits, András - 2023

Public pensions are indexed to prices or wages or to their combinations; therefore, the impact of inflation on the real value of benefits can often be neglected, especially under indexation to prices. At high and accelerating/decelerating inflation like currently prevailing in Hungary, however,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014454694

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Unexpected inflation and public pensions: The case of Hungary

Simonovits, András - 2023

Book / Working Paper

High inflation and wage rigidity: The implicit response of the Italian tax-benefit system

Boscolo, Stefano; Figari, Francesco - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014581861

One asset does not fit all : inflation hedging by index and horizon

D'Amico, Stefania; King, Thomas B. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015425420

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One asset does not fit all : inflation hedging by index and horizon

D'Amico, Stefania; King, Thomas B. - 2023

Book / Working Paper

Can revenue index insurance outperform yield index insurance?

Gallenstein, Richard A.; Dougherty, John P. - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015166707

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Can Revenue Index Insurance Outperform Yield Index Insurance?

Gallenstein, Richard; Dougherty, John P. - 2023

Book / Working Paper

Inflation Indexation in Public Finances: A Global Dataset on Current Practices

Balasundharam, Vybhavi - 2023

This paper presents a new global dataset on current practices for four budget items in terms of indexation to the price level and other nominal variables. Compiling data from documents of select multilateral organizations, governments, and related literature as well as conducting a survey among...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015058808

High inflation and wage rigidity : the implicit response of the Italian tax-benefit system

Boscolo, Stefano; Figari, Francesco - 2023

We study the redistributive effect of inflation-induced revenue and expenditure variations in the Italian tax-benefit system in a context in which pensions and social transfers are indexed to inflation and nominal wage growth struggles to keep up. By means of the EUROMOD microsimulation model,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014487686

Keresetek, valorizáció és nyugdíjak : koncepcionális kérdések és statisztikai problémák

Obláth, Gábor; Simonovits, András - 2023

In Hungary, average initial old age pensions have risen much faster than average pensions over the past decade. Several factors have contributed to this, of which the method of valorization and official earnings statistics are of particular importance. In most countries, initial pensions are...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014454665

Inflation-linked bonds in incomplete markets with sunspots

Kang, Minwook - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014306673

Earning alpha by avoiding the index rebalancing crowd

Arnott, Rob; Brightman, Christopher; Kalesnik, Vitali; … - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014291963

The role of inflation-linked debt in US government finances

Rauh, Joshua - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014476587

The theory of inertial inflation : a brief history

Bresser-Pereira, Luiz Carlos - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014364371

Reimagining index funds

Arnott, Rob; Brightman, Chris; Liu, Xi; Que Nguyen - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014475315

Fixed income index funds : demystifying portfolio construction and rebalancing

Laipply, Stephen; Madhavan, Ananth Narayan; Mauro, James; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015651753

Indexing and inflation

Fischer, Stanley - 1986

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10001260967

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Indexing and inflation

Fischer, Stanley - 1981 - Rev

Edition: Rev

Book / Working Paper

Indexing and Inflation

Fischer, Stanley - 2022

Book / Working Paper

Indexing and Inflation

Fischer, Stanley - 1981

Book / Working Paper

Indexation of the minimum wage with rational expectations

Grossman, Herschel I. - 1981

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10009567198

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Indexation of the Minimum Wage with Rational Expectations

Grossman, Herschel I. - 2022

Book / Working Paper

Indexation of the Minimum Wage with Rational Expectations

Grossman, Herschel I. - 1981

Book / Working Paper

United Kingdom : Indexed Long-Term Repo Operations

Fulmer, Sean - 2022

Before the Global Financial Crisis of 2007–09, the Bank of England regularly used monthly Long-Term Repo (LTR) operations at a range of maturities to manage its balance sheet. As market liquidity tightened in late 2007, the Bank introduced the Extended Collateral Long-Term Repo (ELTR) program...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013404091

Corporate Governance Implications of the Growth in Indexing

Brav, Alon; Malenko, Nadya; Malenko, Andrey - 2022

Passively managed funds have grown to become some of the largest shareholders in publicly traded companies, but there is considerable debate about the effects of this growth on corporate governance. The goal of this paper is to review the literature on the governance implications of passive fund...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013477210

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Corporate Governance Implications of the Growth in Indexing

Brav, Alon; Malenko, Andrey; Malenko, Nadya - 2022

Book / Working Paper

Longevity gap, indexation and age-specific average pensions

Simonovits, András - 2022

Studying the age-dimension of the probability distribution of pensions while assuming steadily rising real wages and time-invariant benefit-rules, two factors play important roles: (i) the weight of the wages in indexation of benefits in progress; (ii) the longevity gap. Factor (i) acts against...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014452017

The CRISES Indexes and Asset Prices

Fahmy, Hany - 2022

We measure sentiment towards physical and regulatory aspects of climate change by constructing several Climate-Related Investor Sentiment Excerpted by Search (CRISES) indexes using machine learning and text mining techniques on a wide range of social media platforms and news outlets. We quantify...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014255311

Intergenerational consequences of pension reforms : tension between democracy and equality

Baurin, Arno; Hindriks, Jean - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012875972

The best indexation of public pensions : the point system

Simonovits, András - 2018

We reconsider the problem of indexation of public pensions, emphasizing that similar contribution paths should imply similar benefit paths. This robustness criterion is only satisfied by full wage indexing, which in turn requires the politically unpopular reduction of the accrual rates. To...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012011566

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The best indexation of public pensions: The point system

Simonovits, András - 2018

Book / Working Paper

Optimal VIX-linked structure for the target benefit pension plan

Lv, Chen; Li, Danping; Wang, Yumin; Zhu, Xiaobai - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014485596

Limited nominal indexation of optimal financial contracts

Meh, Césaire Assah; Quadrini, Vincenzo; Terajima, Yaz - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014527009