Publications of the Research Unit Pensions and Sustainable Financial Markets

• Economic Expectations for China Increase Slightly, But Economic Outlook Still Weak
• 22 analysts participated in the January survey, which was conducted during the period 9 till 24 January 2019

• Konjunkturerwartungen für Deutschland steigen leicht – Negativer Ausblick bleibt bestehen
• Eurozone: Konjunkturlage verschlechtert sich erneut
• USA: Pessimistischer Ausblick bei noch guter Lage
• Japan:…

• Die Konjunkturerwartungen für Deutschland bleiben trotz Anstiegs negativ
• Eurozone: Einschätzung der Konjunkturlage verschlechtert sich erneut
• USA: Erwartungen gehen im Jahr 2018 deutlich zurück
• Japan:…

This paper shows that politicians’ pressure to climb the career ladder increases bank risk exposure in their region. Chinese local politicians are set growth targets in their region that are relative to each…

Targeting is an important aim for social policy. Three case studies in this paper reflect typical short-comings in the targeting design of pension reforms. The first case study …