Insolvency in French Soccer

Early Warning to Insolvency in the Pension Fund: The French Case

The financial equilibrium of pension funds relies on the appropriate computation of retirement benefits, taking account of future payments and discount rates. Short-term errors in the commitment for retirement benefits, ill-suited investment in the stock market, or improper mixture with pay-as-you-go payments have long-term consequences and may lead the pension fund to insolvency. The different...

Relative age and dropout in French male soccer.

The aim of this study was to examine the birthdates distribution of French male soccer players (n = 363,590) who dropped out during or after the 2006-2007 season, to determine whether the relative age effect is linked to dropout behaviour. An over-representation of players born late in the competitive year was observed among dropouts, from the U-9 to the U-18 age categories, whereas their count...

Deflation Caused by Bank Insolvency

The Japanese economy has suffered from persistent deflation since the mid-1990s, when the banking system fell into serious undercapitalization. In Germany and in China, worries about impending deflation have emerged, along with fear of prospective or hidden bank insolvency. In this paper I present a simple model in which bank insolvency causes deflation. During a period of bank insolvency, bank...

Jin Cao: Illiquidity, Insolvency, and Banking Regulation Illiquidity, Insolvency, and Banking Regulation

This paper provides a compact framework for banking regulation analysis in the presence of uncertainty between systemic liquidity and solvency shocks. Extending the work by Cao & Illing (2009a, b), it is shown that systemic liquidity shortage arises endogenously as part of the inferior mixed strategy equilibrium. The paper compares different traditional regulatory policies which intend to fix t...

Genetic information, privacy and insolvency.