January 2019

21Jan

El FMI recomienda aumentar la edad mínima para el retiro

El viernes pasado, el FMI aconsejó también a los gobiernos elevar la edad jubilatoria. En un documento, advirtió a los países un posible colapso de los sistemas jubilatorios ante la "baja natalidad y un aumento de la longevidad". Según el estudio, las cajas previsionales no resisten y deben incrementar "la edad de jubilación, endureciendo las reglas para acceder, reduciendo el tamaño de las pensiones a través del ajuste en el cálculo de los beneficios". "Con las políticas actuales el gasto...

January 21, 2019
Noticias
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21Jan

México. Afores muestran cautela en mercado accionario

Las inversiones en renta variable local fue de 6.6% a noviembre, por debajo del 10% permitido. Poca oferta, una estricta regulación y la incertidumbre en los mercados hace que las administradoras de fondos para el retiro (afores) pierdan el apetito por las acciones en el mercado bursátil nacional. “Desde que Donald Trump juró como presidente de Estados Unidos en enero del 2017, los mercados internacionales han estado presionados y las afores se han reservado sus inversiones en renta variable”,...

January 21, 2019
Noticias,
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21Jan

Bolivia. Pensión de jubilados sube en 4% y Renta Dignidad en Bs 50

Jubilados recibirán un aumento adicional al ajuste de rentas que se hace con la variación de UFV. La Renta Dignidad sube desde junio. El Gobierno determinó un incremento del 4% en las rentas de los jubilados para este año y de 50 bolivianos adicionales en la Renta Dignidad desde junio, informó el ministro de Economía y Finanzas Públicas, Mario Guillén. Luego de una reunión sostenida por el presidente del Estado, Evo Morales, autoridades del área económica y la Confederación Nacional...

January 21, 2019
Noticias,
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21Jan

Micro-pensions can boost security for India’s elderly poor

Only 4 per cent households were covered under widow pension, 2 per cent retirement pension and 1.5 per cent under disability pension. India is home to one-fifth of the world’s population which includes a third of the world’s poor and one-eighth of the world’s elderly. Most of them spend their whole lives as informal workers and have no retirement security other than the hope that their children will care for them in their old age. This arrangement worked well...

January 21, 2019
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21Jan

Protect your pension pots from investment scams and negligent trustees: UK government

The Insolvency Service is warning people to guard their pension savings from investment scammers and negligent trustees. Since 2015, the Insolvency Service has applied to the courts to wind-up 24 companies that have carried out a form of pension misuse. The pension misuse varies from convincing people to access their pensions and invest in unregulated schemes to pension trustees not carrying out their duties properly. The Insolvency Service has estimated that there have been close to 3,750 victims connected to...

January 21, 2019
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21Jan

US. NYC Mayor de Blasio Proposes City-Sponsored Retirement Plan

If the federal government can’t get it done and you live in a state is slow to adopt, maybe your city will step up (what’s next, neighborhoods?). New York City Mayor Bill de Blasio recently delivered his State of the City Address. Among the proliferation of payouts Hizzoner promised in city spending was his plan to provide “retirement security for all” in a city-sponsored retirement plan. “Fewer than half of all working New Yorkers have access to a plan...

January 21, 2019
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19Jan

Order Without Design: How Markets Shape Cities

By Alain Bertaud An argument that operational urban planning can be improved by the application of the tools of urban economics to the design of regulations and infrastructure. Urban planning is a craft learned through practice. Planners make rapid decisions that have an immediate impact on the ground--the width of streets, the minimum size of land parcels, the heights of buildings. The language they use to describe their objectives is qualitative--"sustainable," "livable," "resilient"--often with no link to measurable outcomes. Urban economics,...

January 19, 2019
Books, Labor Market,
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19Jan

Handbook of Sociology of Aging

By Richard A Settersten Jr,‎ Dr Jacqueline L Angel The Handbook of Sociology of Aging is the most comprehensive, engaging, and up-to-date treatment of developments within the field over the past 30 years. The volume represents an indispensable source of the freshest and highest standard scholarship for scholars, policy makers, and aging professionals alike. The Handbook of Sociology of Aging contains 45 far-reaching chapters, authored by nearly 80 of the most renowned experts, on the most pressing topics related to aging today. With its recurring...

January 19, 2019
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19Jan

The Effect of Self-Employment on Income Inequality

By Stefan Schneck (Institut für Mittelstandsforschung (IfM) Bonn) It is well known that the self-employed are over-represented at the bottom as well as the top of the income distribution. This paper shifts the focus from the income situation of the self-employed to the distributive effects of a change in self-employment rates. With representative German data and unconditional quantile regression analysis we show that an increase in the proportion of self-employed individuals in the labor force increases income polarization by tearing...

January 19, 2019
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19Jan

Migration, Remittances and Brexit: European Labor Market Integration and Its Effects on Inequality and Convergence

By Pawel Langer (New York University) & Laszlo Tetenyi (New York University) The increase in migration from Eastern to Western Europe after their accession to the European Union (EU) in 2004 resulted in a large increase in remittances to New Member States (NMS) and were comparable in size to FDI or EU funds. This paper adds to the literature by analyzing the impact of remittances and migration jointly, rather than separately, on the integration of EU economies and their implications...

January 19, 2019
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