Publications of the Research Unit Pensions and Sustainable Financial Markets

• Positive Economic Outlook Dampened
• Inflation Expected to Remain Low
• Interest Rates Expected to Rise in the Long Term
• Exchange Rates Influenced by Tapering
• Equity Markets
• Special Question: Valuation of Asset Classes
• Sp…

• Economic Expectations Remain "Good" – Initial Tapering Scare Digested
• Long-Term Interest Rate Expectations Shaped by Mild Tightening of US Monetary Policy
• Inflation Expectations Fall Slightly
• Exchange Rates…

• Positive Grundstimmung unter den Finanzmarktexperten hält weiter an
• EZB: Zinserwartungen leicht gestiegen
• USA: Konjunkturelle Lage stark verbessert
• Japan: Lageindikator wieder im positiven Bereich
• Großbritannien:…

China’s pension system is facing a large gap of more than one trillion RMB. The investment efficiency of the social security fund therefore receives widespread attention in academic circles. We collected data of…

• Positive Outlook Dampened Only by Stock Markets
• Analysts Anticipate Positive Inflation
• Longer-Term Interest Rates Seen Edging Higher
• EUR/CHF Expected to Remain Stable
• Anticipation of Tapering Weighing on Stock…

• Konjunkturoptimismus setzt sich fort
• EZB: Konstantes Zinsniveau erwartet
• USA: Konjunkturerwartungen stark verbessert
• Japan: Konjunkturlage etwas verbessert
• Großbritannien: Konjunkturelle Lage erneut freundlicher
• Sond…

We offer a theoretical explanation and empirical evidence for a positive link between increased offshoring and individual skill upgrading. Skill upgrading takes the form of on-thejob training, complementing the…