For too long, women have been denied the retirement they deserve. Today we launch a campaign to end this injustice When Susan Way celebrates her 65th birthday on Tuesday, she will become a pioneer of sorts: she will qualify for her state pension at the same time as a man born on the same day as her. The state pension age for women and men will be equalised for the first time since 1940, and from Tuesday it will increase...
By Theo P. Kocken (Vrije Universiteit Amsterdam) Klamer’s approach of the culture of economics is relevant and applicable to investing, because culture is an extension of rhetoric and relates to uncertainty. Uncertainty, a feeling of anxiety, is handled by culture. With culture, Klamer focusses on substantial instead of instrumental rationality, and advocates value ethics. In Klamer’s approach values and conversations are central. The values of a culture are not evident and therefore have to be interpreted. Emerging from my personal...
By Michael Fix, Demetrios G Papademetriou, Madeleine Sumption This volume, which brings together research by leading economists and labor market specialists, examines the role immigrants play in the U.S. workforce, how they fare in good and bad economic times, and the effects they have on native-born workers and the labor sectors in which they are engaged. The book traces the powerful economic forces at play in today's globalized world and includes policy prescriptions for making the American immigration system more...
By Douglas W. Arner (The University of Hong Kong - Faculty of Law), Ross P. Buckley (University of New South Wales (UNSW) - Faculty of Law), Dirk A. Zetzsche (Universite du Luxembourg - Faculty of Law, Economics and Finance; Heinrich Heine University Dusseldorf - Center for Business & Corporate Law (CBC)) Access to finance, financial inclusion and financial sector development have long been major policy objectives. A series of initiatives have aimed to increase access to finance and financial inclusion,...
By M. Kabir Hassan (University of New Orleans - College of Business Administration - Department of Economics and Finance), Shari Lawrence (University of New Orleans - College of Business Administration - Department of Economics and Finance) Longer retirement periods coupled with the inadequacy of the Social Security system, low personal savings rates, and a decreasing trend in the prevalence of defined benefit retirement plans threaten to put a financial strain on individuals approaching retirement. To that end, we investigate retirement...
By Alice Zulkarnain (Boston College - Center for Retirement Research), Matthew S. Rutledge (Boston College, Center for Retirement Research) Older Americans have been retiring later for a number of reasons, including jobs that are becoming less physically demanding, the shift from defined benefit to defined contribution pensions, and changes in Social Security’s incentives. What are the implications of working longer for workers’ mortality and health? Answering this question is complicated, because work and health are jointly determined – healthy people...
Al tercer trimestre del año, las administradoras de fondos para el retiro (afores) dieron un rendimiento promedio anual de 6.65%, informó la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar). En un comunicado, expuso que 51% de las inversiones de las afores se hizo en papeles gubernamentales como Udibonos, Bonos M; mientras que en renta variable internacional fue 14% del total. Destinaron 19% a instrumentos privados nacionales, 7% en renta variable nacional y 9% en estructurados y otros instrumentos...
Santo Domingo.- El Director General de Jubilaciones y Pensiones a Cargo del Estado, ingeniero German Francisco Nova Heredia, se reunió en Colombia con la doctora Diana Arenas Pedraza, Directora de Pensiones y Otras Prestaciones; y con la licenciada Soyara Pino Canosa, Subdirectora de Pensiones Contributivas del país suramericano. El objetivo de esta reunión fue para poder conocer el funcionamiento del Sistema de Pensiones y Jubilaciones de Colombia y la posibilidad de la realización de acuerdos de cooperación interinstitucional. El Sistema General...
En tanto, AFP Planvital logró un alza de 66,48% en sus ganancias, explicado por el aumento en sus comisiones. En medio de la atención que genera la reforma previsional que anunció el gobierno el fin de semana, las administradoras de fondos de pensiones reportaron una caída en sus utilidades medidas a septiembre. Las AFP lograron ganancias de $ 236.033 millones en los primeros nueve meses del año, lo que representa una caída de 14,75% respecto de igual lapso de 2017. La rentabilidad...
A key question for business owners is how to ensure continued innovation and growth at a time of increased regulation of digital platforms. Digital platforms are among the most important drivers of the digital economy, so much so that we’re now seeing the digital economy being referred to as the “platform economy." Services such as Amazon and Uber have integrated deeply into the everyday lives of the average consumer. Their conveniences are no longer questioned; their names have become verbs. But...
