What Drives Pension Indexation in Turbulent Times? An Empirical Examination of Dutch Pension Funds

2013 ◽  
Author(s):  
Dirk Broeders ◽  
Paul Hilbers ◽  
David R. Rijsbergen
De Economist ◽  
2014 ◽  
Vol 162 (1) ◽  
pp. 41-70 ◽  
Author(s):  
Dirk Broeders ◽  
Paul Hilbers ◽  
David Rijsbergen ◽  
Ningli Shen

2011 ◽  
Vol 17 (2) ◽  
Author(s):  
Kofi A. Amoateng

<p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt;"><span style="mso-bidi-font-size: 12.0pt; mso-bidi-font-style: italic;"><span style="font-size: x-small;"><span style="font-family: Batang;">This article has used cointegration and Vector Error-Correction Models(VECM) to examine empirically the causation and/or relationships among pension funds, Social Security, and individual<span style="mso-spacerun: yes;">&nbsp; </span>savings from 1980 to 1999. It finds that pension funds, Social Security, and individual savings tend to move together in the ling run. Pension funds influence individual savings in the short-run. In addition, individual savings seem to bear the brunt of adjustments in restoring long-term equilibrium to the retirement system. Finally, the interactive process of short-run (causality) and long-run equilibrium relationship shows that pension funds explain individual savings. Since individual savings bear the brunt of adjustment in restoring to long-run equilibrium it is the most important component in retirement planning.</span></span></span></p>


1998 ◽  
Vol 14 (2) ◽  
pp. 116-123 ◽  
Author(s):  
Raymond M. Costello

This is an empirical examination of Experienced Stimulation (es) and Experience Actual (EA) from Exner's Comprehensive System (CS) for Rorschach's Test, spurred by Kleiger's theoretical critique. Principal components analysis, Cronbach's α, and inter-item correlational analyses were used to test whether 13 determinants used to code Rorschach responses (M, FM, m, CF+C, YF+Y, C'F+C', TF+T, VF+V, FC, FC', FV, FY, FT) are best represented as a one, two, or more-dimensional construct. The 13 determinants appear to reflect three dimensions, a “lower order” sensori-motor dimension (m + CF+C + YF+Y + C'F+C' + TF+T + VF+V) with a suggested label of Modified Experienced Stimulation (MES), a “higher order” sensori-motor dimension (FM + FV + FY + FT) with a suggested label of Modified Experience Potential (MEP), and a third sensori-motor dimension (M+FC+FC') for which the label of Modified Experience Actual (MEA) is suggested. These findings are consistent with Kleiger's arguments and could lead to a refinement of CS constructs by aggregating determinants along lines more theoretically congruous and more internally consistent. A RAMONA model with parameters specified was presented for replication attempts which use confirmatory factor analytic techniques.


2009 ◽  
Author(s):  
Xiafang Chen ◽  
Juliet Aiken ◽  
Paul J. Hanges

2013 ◽  
Author(s):  
Gisela Mohr ◽  
Kerstin Isaksson ◽  
Thomas Rigotti ◽  
Torsten Holstad

2003 ◽  
Vol 53 (2) ◽  
pp. 195-213 ◽  
Author(s):  
K. Majoros

The study introduces a Hungarian economic thinker, István Varga*, whose valuable activity has remained unexplored up to now. He became an economic thinker during the 1920s, in a country that had not long before become independent of Austria. The role played by Austria in the modern economic thinking of that time was a form of competition with the thought adhered to by the UK and the USA. Hungarian economists mainly interpreted and commented on German and Austrian theories, reasons for this being that, for example, the majority of Hungarian economists had studied at German and Austrian universities, while at Hungarian universities principally German and Austrian economic theories were taught. István Varga was familiar not only with contemporary German economics but with the new ideas of Anglo-Saxon economics as well — and he introduced these ideas into Hungarian economic thinking. He lived and worked in turbulent times, and historians have only been able to appreciate his activity in a limited manner. The work of this excellent economist has all but been forgotten, although he was of international stature. After a brief summary of Varga’s profile the study will demonstrate the lasting influence he has had in four areas — namely, business cycle research and national income estimations, the 1946 Hungarian stabilisation program, corporate profit, and consumption economics — and will go on to summarise his most important achievements.


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