Reverse mortgages have been established as an alternative for generating liquid flows of income during retirement in some developed countries. This work focuses on the case of Chile
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An ongoing reform in China mandates employers to contribute significant amounts to employee pension funds. The current study estimates the impact of this reform on the wage, employment and performance of firms using data from over 140,000 medium and large manufacturers in China during 2004 and 2006.
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Latin America is enjoying a period of extensive growth. If this trend is to continue into the coming years, the key insufficiencies that could limit total factor productivity will have to be dealt with in order to prevent bottlenecks. One of th…
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The main objective of this paper is to develop a preliminary discussion about prospects of pension system in China, taking into account the ineludible role of government in this social issue and the active potential participation of the private…
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This work analyzes the relevance of considering a range of elements related to the investment process to evaluate the long-term returns of Pension Funds and the possible impact of these on the replacement rates of participants in a Pension Syst…
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This study aims to establish the statistical probability that workers who are not contributing to pension funds might do so, provided with the right incentives to.
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The proper functioning of corporate governance has a positive impact on the competitiveness and growth of an economy.
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The purpose of this study is to create a detailed account of what Latin American pension funds have meant to the financing of infrastructures.
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This research study has various objectives. First, to highlight the importance of investmentin infrastructure on economic growth.
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