The key to sustainability of social security fund is increasing its value, while the key to increasing the value of the social security fund is income of agency entrusted investment. Agency relationship of social secu...The key to sustainability of social security fund is increasing its value, while the key to increasing the value of the social security fund is income of agency entrusted investment. Agency relationship of social security Fund involves four agents, among which the entrustment between National Council for Social Security Fund （SSF） and social security fund management company is a key element. Due to information asymmetry phenomenon in the entrustment management process, the fund needed to establish the appropriate entry and exit criteria, and relying on a third party to avoid agency risks.展开更多
In recent years the European Union （EU） has struggled to become the leading force in the Knowledge Based Economy （KBE）. For that purpose, the EU defined the so-called ＂Lisbon Strategy＂. Additionally, since the s...In recent years the European Union （EU） has struggled to become the leading force in the Knowledge Based Economy （KBE）. For that purpose, the EU defined the so-called ＂Lisbon Strategy＂. Additionally, since the sixties the EU （formerly European Communities （ECs）） invested in human resources and in knowledge using the European Social Fund （ESF）. This research tries to assess analyse critically those ECs＇ and EUs＇ investments in knowledge in the light of the economic analysis of the knowledge market. It concludes that there is evidence that the ESF has been an important provider of knowledge in Europe, contributing to the increase of knowledge levels. However, it could be concluded that the economic consequences of that effort were not assessed properly; therefore, it is not clear what the effects of the investment were. The few studies I found that may base the sort of analysis I want to make point to small, if existing effects of the ESF were small. This in itself is an interesting finding that deserves careful consideration.展开更多
Social security funds is a kind of special fund for social security undertakings which is based on the legislation ,Social security fund is the material basis for the existence and sustainable development in the socia...Social security funds is a kind of special fund for social security undertakings which is based on the legislation ,Social security fund is the material basis for the existence and sustainable development in the social security system .Consequently, It is one of the most important about the normal operation and management of the social security system that the operation of social security fund regulation and whether the value of social security funds can realize. In order to realize the value of social security fund, it is about to explore the reality and feasibility of the pension market, thus, maintain the social security fund security and realize the sustainability of social security funds, under the premise of the social security fund investment operation.展开更多
A mathematical model of management of a social insurance fund with exponential insurance reimburse and financing determined social programs is represented and analyzed; A probability density function and fund＇s funct...A mathematical model of management of a social insurance fund with exponential insurance reimburse and financing determined social programs is represented and analyzed; A probability density function and fund＇s functioning probabilistic characteristics are obtained, that makes it possible to determine the sufficiency of fund capital at all levels of its management. With the help of conclusion it is possible for particular period of time determine in insurance fund change of cash flow movement speed, on what basis in determined from state tax revenues assigns acceptance necessity and capacity.展开更多
文摘The key to sustainability of social security fund is increasing its value, while the key to increasing the value of the social security fund is income of agency entrusted investment. Agency relationship of social security Fund involves four agents, among which the entrustment between National Council for Social Security Fund （SSF） and social security fund management company is a key element. Due to information asymmetry phenomenon in the entrustment management process, the fund needed to establish the appropriate entry and exit criteria, and relying on a third party to avoid agency risks.
文摘In recent years the European Union （EU） has struggled to become the leading force in the Knowledge Based Economy （KBE）. For that purpose, the EU defined the so-called ＂Lisbon Strategy＂. Additionally, since the sixties the EU （formerly European Communities （ECs）） invested in human resources and in knowledge using the European Social Fund （ESF）. This research tries to assess analyse critically those ECs＇ and EUs＇ investments in knowledge in the light of the economic analysis of the knowledge market. It concludes that there is evidence that the ESF has been an important provider of knowledge in Europe, contributing to the increase of knowledge levels. However, it could be concluded that the economic consequences of that effort were not assessed properly; therefore, it is not clear what the effects of the investment were. The few studies I found that may base the sort of analysis I want to make point to small, if existing effects of the ESF were small. This in itself is an interesting finding that deserves careful consideration.
文摘Social security funds is a kind of special fund for social security undertakings which is based on the legislation ,Social security fund is the material basis for the existence and sustainable development in the social security system .Consequently, It is one of the most important about the normal operation and management of the social security system that the operation of social security fund regulation and whether the value of social security funds can realize. In order to realize the value of social security fund, it is about to explore the reality and feasibility of the pension market, thus, maintain the social security fund security and realize the sustainability of social security funds, under the premise of the social security fund investment operation.
文摘A mathematical model of management of a social insurance fund with exponential insurance reimburse and financing determined social programs is represented and analyzed; A probability density function and fund＇s functioning probabilistic characteristics are obtained, that makes it possible to determine the sufficiency of fund capital at all levels of its management. With the help of conclusion it is possible for particular period of time determine in insurance fund change of cash flow movement speed, on what basis in determined from state tax revenues assigns acceptance necessity and capacity.
