We provide an explanation for why estate taxation is surprisingly little used over the world, given the skewness of the estate distribution.
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NewsJanuary 23, 2015
Benoît Hugonin, Director of Prudential Affairs at the SCOR group, becomes Chairman of the Insurance Europe permanent working group devoted to reinsurance and international business.
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In the current politico-economic context made unstable by the coming up of several different conflicts, it is interesting to deal with the use and the development of models.
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We develop a dynamic model of investment, cash holdings, financing, and risk management policies in which firms face financing frictions and are subject to permanent and temporary cash flow shocks.
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Details about the liquidity account at 31 December 2014 and of the last half-year statement
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