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Saving for old age (English)

Countries around the world face a retirement crisis brought on by aging populations, declining birthrates, and fiscal shortfalls. As a result, policy makers increasingly seek to understand retirement savings patterns, a crucial component of the safety net for the elderly. ... See More +

Policy Research Working Paper WPS7693 JUN 02, 2016

Demirguc-Kunt,Asli; Klapper,Leora; Panos,Georgios A. Disclosed

Financial literacy and the financial crisis (English)

The ability of consumers to make informed financial decisions improves their chances of having sound personal finance. This paper uses a panel dataset from Russia, where consumer loans grew at an astounding rate -- from about US$10 billion in 2003 to over US$170 billion in 2008 -- to examine the importance of financial literacy and its relationship with behavior. ... See More +

Policy Research Working Paper WPS5980 FEB 01, 2012

Klapper, Leora; Lusardi, Annamaria; Panos, Georgios A. Disclosed

Financial literacy and retirement planning : the Russian case (English)

The authors examine the association of financial literacy with retirement planning in Russia, a country with a relatively old and rapidly aging population, large regional disparities, and a rapidly emerging financial market. ... See More +

Policy Research Working Paper WPS5827 OCT 01, 2011

Klapper, Leora; Panos, Georgios A. Disclosed

Entrepreneurship in post-conflict transition : the role of informality and access to finance (English)

The authors examine the factors affecting the transition to self-employment in Bosnia and Herzegovina, using the World Bank Living Standard Measurement Survey panel household survey for the years 2001-2004. ... See More +

Policy Research Working Paper WPS4935 MAY 01, 2009

Demirguc-Kunt, Asli; Klapper, Leora F.; Panos, Georgios A. Disclosed