December 2025
05Dec

Japan’s Aging Workforce: Determinants and Outlook

By Sagiri Kitao & Nozomi Takeda This paper examines recent trends in the Japanese labor market, with a particular focus on the elderly workforce. Japan's elderly employment rates are notably high compared to other OECD countries and have increased significantly over the past two decades. To investigate the factors that affect the employment of old individuals, we develop a structural life-cycle model with consumption-saving decisions and endogenous labor supply in both intensive and extensive margins. The model is calibrated to...

December 5, 2025
Aging, Articles, , ,
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November 2025
28Nov

PPI Digest: Autumn Budget 2025

By Pensions Policy Institute Clearly, very difficult choices have had to be made in the Budget today. It was always unlikely that pensions would escape completely from this, even though both the Pensions Schemes Bill and the new Pensions Commission are seeking ways to increase the amount of money that future generations will have to support themselves in retirement. The introduction of a contributions cap of £2,000 on salary sacrificed pension contributions from 2029 will not affect many of those who...

November 28, 2025
Books, Books, Reports, System Sustainability, , , ,
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28Nov

Pensions at a Glance 2025: OECD and G20 Indicators

By Organisation for Economic Co-operation and Development The 2025 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the last two years. It includes a special chapter focusing on pension differences between men and women. It shows recent and projected trends in the pensions of women relative to those of men in OECD countries, analyses the key drivers of the gender pension gap, and reviews the pension rules that directly or indirectly affect gender disparities in...

November 28, 2025
Books, Books, Reports, System Characterization, , , ,
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28Nov

Financial sustainability for the expansion of non-contributory pension systems and the eradication of old-age poverty

By Alberto Arenas de Mesa, Ernesto Espíndola & Juan Ignacio Vila Income protection is a substantive factor and a priority of social protection systems in Latin America and the Caribbean, in particular at either end of the life cycle (i.e. childhood and old age). This is due to the greater vulnerability and lower earning capacity of these population segments compared with other age groups, among other factors (Santos Garcia, Farías and Robles, 2023). In these circumstances, pension systems, in particular...

November 28, 2025
Articles, System Sustainability, , , , ,
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28Nov

The Cost of Waiting for Nationality: Impact on Immigrant’s Labor Market Outcomes in Spain

By Yanina Domenella In this paper, I examine the impact of administrative delays in obtaining Spanish nationality on the long-term labor market outcomes of legal immigrants. Using Social Security data from 2006 to 2019 and an instrumental variable strategy, I find that longer delays in nationality acquisition result in significantly lower accumulated earnings over a ten-year period, driven by both lower wages and fewer days worked. Specifically, one additional year of delay reduces accumulated earnings over 10 years by 3.8...

November 28, 2025
Articles, Labor Market, , , ,
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28Nov

Retirement Planning among Female Workforce in Malaysia and China

By Jing Yuan, Kim Mee Chong, Ivy Siaw Hung Hii & Hao Lun Li A phenomenon has emerged whereby the life expectancy of women is 74.2 years, and men's is 69.8 years. Hence, it is crucial to encourage early retirement planning among women.  This study aims to explore the factors that influence retirement planning awareness and readiness among women in Malaysia and China. A self-administered online questionnaire was completed by 100 Malaysians and 200 Chinese. Using IBM SPSS and SmartPLS,...

November 28, 2025
Articles, Savings, , , ,
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26Nov

Los desafíos a los que se enfrentan los fondos de pensiones en Colombia

Por Luisa Fernanda Quinchía López El panorama de la sostenibilidad a largo plazo de los fondos de pensiones en Colombia es preocupante y es necesario una reforma pensional desde hace varios años. Es así como nos planteamos como objetivo, dar una mirada y análisis de los cambios, propuestas, resultados y conversaciones que se vayan teniendo en el país respecto a los fondos de pensiones y los retos a los que se están enfrentando y cómo se deben preparar para el...

November 26, 2025
Administración de Pensiones, Libros, Libros, Reportes, , , ,
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26Nov

Estimación del impacto de los fondos de pensiones en la economía chilena

Por Alberto Belmar P, Hermann González B  & Felipe Larraín B El sistema previsional de ahorro y capitalización individual vigente en Chile desde inicios de la década de 1980 generó cambios positivos en el empleo y en su distribución entre los sectores formal e informal de la economía; en las decisiones de ahorro e inversión de los agentes privados y del gobierno, y en el desarrollo del mercado de capitales que acompañó a la nueva institucionalidad. Estos cambios impulsaron un aumento...

November 26, 2025
Administración de Pensiones, Libros, Libros, Reportes, , , , ,
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26Nov

Envejecimiento y crecimiento económico: métricas alternativas, migraciones e innovación para una lectura transversal

Por Fernando Ariel Manzano Se analiza el impacto económico del envejecimiento desde un enfoque transversal que inte-gra mercado laboral, productividad, innovación tecnológica, sostenibilidad fiscal y migraciones. Se parte de que las métricas clásicas resultan insuficientes para captar la heterogeneidad del proceso, por lo que se incorporan medidas alternativas como edad prospectiva y años de vida restantes, con el fin de refinar la lectura económica de la longevidad. El objetivo es examinar si una mayor proporción de personas mayores puede restringir...

November 26, 2025
Artículos, Envejecimiento, Envejecimiento, , , ,
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26Nov

Envejecimiento poblacional mundial: debate global y análisis del caso argentino

Por Solange Castañeda & Julián Bilmes  El envejecimiento poblacional dejó de ser un fenómeno del futuro para convertirse en un desafío actual, especialmente en países desarrollados y emergentes. Mientras el Norte Global redefine sus sistemas previsionales y enfrenta protestas sociales, como en el caso de Francia, el Sur Global lidia con la imposibilidad de garantizar una vejez digna y mantener estructuras económicas sostenibles. El tema gana protagonismo en la agenda global, aludiendo a riesgos para la seguridad nacional y la...

November 26, 2025
Artículos, Envejecimiento, Envejecimiento, , , ,
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