Estonian Discussions on Economic Policy 2018-11-06T10:13:45+02:00 Matti Raudjärv Open Journal Systems Eesti majanduspoliitilised väitlused: Majanduspoliitika teooria ja praktika. <br />Estnische Gespräche über Wirtschaftspolitik: Theorie und Praxis der Wirtschaftspolitik.<br/> In English bis 2015: Discussions on Estonian economic policy: Theory and practice of economic policy. Technische Universität Tallinn 100 2018-11-06T09:22:14+02:00 Sulev Mäeltsemees Matti Raudjärv 2018-11-05T12:32:55+02:00 ##submission.copyrightStatement## Tallinna Tehnikaülikool 100 2018-11-06T09:22:14+02:00 Sulev Mäeltsemees 2018-11-05T12:32:16+02:00 ##submission.copyrightStatement## On supporting the celebration of the 100th birthday of the Republic of Estonia 2018-11-06T09:22:14+02:00 Matti Raudjärv 2018-11-05T12:29:33+02:00 ##submission.copyrightStatement## Eesti Vabariigi 100. sünnipäeva tähistamise toetamisest 2018-11-06T09:22:14+02:00 Matti Raudjärv 2018-11-05T12:28:33+02:00 ##submission.copyrightStatement## Wohnst Du noch oder sparst Du schon? Eine vergleichende Untersuchung zur Rolle des Wohneigentums für die Altersvorsorge 2018-11-06T10:13:45+02:00 Jörg Dötsch Europe’s social security systems face enormous challenges. Most of the existing pension systems do not seem to be sustainable. That means that private pension provision is becoming increasingly important. This paper presents some key findings of an international research project concerning the question of how residential property can be used to ensure liquidity in old age by means of so called equity release schemes (ERS). The analysis covered Germany, Hungary, Ireland, Italy, the Netherlands and the UK. The first part explains the design of the research project. The next two sections present comparison of the national backgrounds regarding pension provision, housing markets and markets for ERS. The study clearly illustrates that residential property will obviously become more important with regard to future old-age provision. Nevertheless, even if the member states face similar problems, a one-size-fits-all-solution does not seem to be feasible. The regulatory, social and economic characteristics of the member states seem to be too diverse. 2018-11-05T00:00:00+02:00 ##submission.copyrightStatement## On the Future of Bitcoin and Altcoins as Currencies, Tokens for Smart Contracts, and Instruments of Commitment (IOCs): Some Considerations Regarding Blockchain Applications 2018-11-06T10:13:44+02:00 Wolfgang Eibner Kurt Rätsch Antonio Schulz Andre Rolapp In the article we discuss following hypotheses: Thesis 1: „Private Cryptocurrencies will not be seen as an alternative to Fiat-Money in the near future or any time soon.“ Thesis 2: „Initial Coin Offerigs (ICOs) can increasingly become an alternative to traditional Venture Capital Financing and Token might enable to build smart contracts on a decentralized infrastructure.“ In the article we explain Blockchain technology and its possible applications in a very wide range. Also are shown main cryptocurrencies in their functions as possible future currencies, as platform token, and utility token necessary for Smart Contracts, or equity token, especially for Initial Coin Offerings. A main part of the article is the discussion of possible risks in the these applications of cryptocurrencies or token, referring explicitly to technical risks, economical risks like the stability of the financial markets (volatility, deflation), but also the severe problem of manipulated markets, supplemented by some considerations on legal issues. 2018-11-05T00:00:00+02:00 ##submission.copyrightStatement##