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View Resource Scale economies in the pension fund managers industry in Mexico: a semi parametric approach

It has been widely accepted that reforms on pension schemes have led to improvements in the financial viability of the systems. Nevertheless, at the same time it has been shown that fees charged by pension fund managers (PFM) are very high, implying high mark-ups for them and lower expected pensions for the participants. The presence of economies of scale has been suggested as one main reason for...

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View Resource Feasibility analysis of an integrated health system: financial and distributive implications

The document presents spending projections and projections of the distributive incidence for an Integrated Health System under three basic scenarios: status quo, a two pillar scheme (financed through general taxes and private spending) and a three pillar scheme (financed through general taxes, social security contributions and private spending). By presenting these simulations, the study enhances...

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