The Rudd reforms: a poisoned chalice in the long run.

The White Paper: opportunity or poisoned chalice?

Macroeconomic and Welfare Effects of Parametric Pension Reform in Iran

The aim of this paper is to analyze the macroeconomic effects of parametric reforms. An adjusted Auerbach-Kotlikoff model is used to study the effects of decreasing replacement and contribution rates of the pension system. The first part concentrates on the macroeconomic effect of reforms. Our results indicate that reducing the replacement and contribution rates increase the capital stock and d...

”Semi Parametric Estimation of Long Memory: the Holy Grail or a Poisoned Chalice?”

Considerable previous literature has addressed the problem of finding the most desirable estimator of the long memory parameter in a univariate time series. This paper considers three different estimation procedures: (i) the long memory parameter is obtained from a semi parametric Local Whittle estimator, which is used to filter the series before estimation of the short run parameters, (ii) a t...

Aging and Pension reform with Change contribution rates

Increased life expectancy and reduced fertility rates have led to aging which is one of the main causes of the pension funds imbalances in Iran’s pension funds. In order to resolve these imbalances, some reforms are required. The first option is to use parametric reforms, such as changing contribution rates of the pension system. The purpose of this study is to examine the impact of aging and c...

The dark side of trust: When trust becomes a ‘poisoned chalice’

Trust is typically portrayed as beneficial to all concerned; something which is inherently good. In this article we focus on interpersonal trust and argue that, while there are undoubted benefits, trust can also be problematic; there are circumstances in which it can become a ‘poisoned chalice’ for one or other of the parties involved. We question whether the potential for negative experiences ...