System change in statutory pension insurance does not solve the intergenerational distribution conflict
Olaf Fuchs
Wirtschaft im Wandel,
No. 16,
2000
Abstract
Der Mechanismus eines Umlageverfahren wird modelltheoretisch analysiert und mit dem des Kapitaldeckungsverfahrens verglichen. Es wird gezeigt, dass der wesentliche Unterschied des Umlageverfahrens eine Subventionierung der ersten Generationen auf Kosten später geborener Generationen ist. Der Übergang von einem Umlageverfahren zu einem Kapitaldeckungsverfahren kann daher die nachfolgenden Generationen nicht entlasten.
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Financial crisis and problems yet to solve - Conference proceedings
IWH-Sonderhefte,
No. 6,
2000
Abstract
Since the beginning of 1997, a currency and/or banking crisis broke out in several transition countries (Bulgaria, Romania, the Czech Republic, Russia, Ukraine). In 1995, Hungary avoided a financial crisis by adjusting properly her macroeconomic policies. Financial markets in transition countries are still small. They gain, however, more and more importance for the entire economy. Part of the countries mentioned are candidates for EU membership. They have to show their ability to stabilize their exchange rates and financial sectors. The fact that overcoming the financial crisis in Asia and Latin America required international assistance (e.g. IMF) underlines the political importance of strategies of preventing such crises in the EU's immediate neighborhood.
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Impact of the Russian Financial Crisis on Stock Exchanges in Central and Eastern Europe
Thomas Linne
Externe Publikationen,
No. 6,
2000
Abstract
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Foreign banks in economic development: Experiences from the regulated financial system of South Korea
Ralf Müller
IWH Discussion Papers,
No. 110,
2000
Abstract
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The Financial System in South Korea: Intermediation In-Efficiency, Crisis and Reform
Ralf Müller
Externe Publikationen,
1998
Abstract
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The contribution of foreign banks to intermediation performance of regulated financial systems. The example of South Korea
Ralf Müller
Schriften des IWH,
No. 3,
1999
Abstract
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Greed and Grief in East Germany - the Socialist System’s Crisis, Collapse and Transformation
Ulrich Blum
Beihefte zur Konjunkturpolitik 45 (Applied Economics Quarterly),
1997
Abstract
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Interregional Financial Flows in the German Old Age Insurance System
Ulrich Blum
Nachrichtenblatt der Landesversicherungsanstalt Baden,
1984
Abstract
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