August 2024
21Aug

Patrones recientes de innovación pública en materia de seguridad social y protección social: Una revisión internacional

Por Pablo Biderbost Biderbost & Guillermo Boscán Este estudio pretende poner de relieve las recientes aportaciones en materia de gestión de la seguridad social desde diversos contextos políticos y económicos. La seguridad social vive una situación paradójica desde el punto de vista conceptual. Por un lado, muchas voces, incluidas las de los organismos internacionales y los datos empíricos generados por el mundo académico, insisten en que debe protegerse (y aumentarse) para que los diversos grupos de población dis- pongan de...

August 21, 2024
Artículos, Sostenibilidad del Sistema, Sostenibilidad del Sistema, , ,
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July 2024
31Jul

The Future of Growth Report 2024

By World Economic Forum The Future of Growth Report 2024 introduces a multidimensional framework to assess the quality of economic growth across 107 countries globally. It characterizes nations’ economic growth across four dimensions: Innovativeness; Inclusiveness; Sustainability; and Resilience. The data and analysis presented may be used by a wide range of stakeholders to identify areas to improve, trade-offs to resolve or synergies to exploit. While every country has a unique growth pathway shaped by a wide range of circumstantial...

July 31, 2024
Books, Books, Reports, System Characterization, ,
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31Jul

The 2024 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds

By Social Security Administration The Trustees Report includes many tables containing historical data and projections. For convenience, we provide the reader with links to view all of these tables in one place, without the accompanying text of the report. Note that the tables in the report generally present results only for every fifth year. Therefore, we also provide links to supplemental tables by single year for readers requiring more detail. Reference should always be made to the published report for...

July 31, 2024
Books, Books, Reports, System Characterization, , ,
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31Jul

Sexual Orientation and Financial Well-Being in the United States

By Christopher S. Carpenter, Kabir Dasgupta, Zofsha Merchant & Alexander Plum We study the relationship between financial well-being and sexual orientation in the United States using Survey of Household Economics and Decisionmaking (SHED) data for 2019-2022. We document that people who are lesbian, gay, and bisexual (or LGB) have significantly more difficulty managing financially than similarly situated heterosexual individuals—and this pre-dated the COVID-19 pandemic. Differences are found across a broad array of current and future financial well-being outcomes, including retirement...

July 31, 2024
Articles, Pension design, , ,
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31Jul

Climate Polarization and Green Investment

By Anders Anderson & David T. Robinson We build a nationally representative sample of retirement savers in Sweden to study how climate polarizaton affects individual investment decisions. After the record-breaking heat wave of 2018, respondents in regions with strong support for a right-wing, anti-climate party grow less concerned about climate change, while respondents outside these regions grow more concerned. Those growing more concerned rebalance their retirement portfolios toward climate-friendly mutual funds; those growing less concerned rebalance out of these funds,...

July 31, 2024
Articles, Investment, , , ,
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31Jul

The Bulgarian Pension System: Caught Between Adequacy And Sustainability

By Jean-Jacques Hallaert During the COVID-19 pandemic, the Bulgarian authorities increased pensions substantially to support pensioners’ living standards and aggregate demand. These increases have become permanent and improved the adequacy of pensions. However, not matched by revenue measures, they have widened the deficit of the pension system. Reforms that increase the incentives to contribute to the pension system and thus revenue would improve the financial sustainability of the pension system and reduce fiscal risks. Source SSRN

July 31, 2024
Adequacy, Articles, , , ,
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31Jul

When Institutions Interact: How the Effects of Unemployment Insurance are Shaped by Retirement Policies

By Matthew Gudgeon, Pablo Guzman, Johannes F. Schmieder, Simon Trenkle & Han Ye This paper shows empirically that the non-employment effects of unemployment insurance (UI) for older workers depend in a first-order way on the structure of retirement policies. Using German data, we first present reduced-form evidence of these interactions, documenting large bunching in UI inflows at the age that allows workers to claim their pension following UI expiration. We then estimate a dynamic life-cycle model and use it to...

July 31, 2024
Articles, Labor Market, , , ,
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31Jul

Pension Systems (Un) Sustainability and Fiscal Constraints: A Comparative Analysis

By Michael Wickens, Vito Polito & Burkhard Heer Using an overlapping generations model, two new indicators of public pension system sustainability are proposed: the pension space, which measures the capacity to pay for pension expenditures out of labour taxation, and the pension space exhaustion probability reflecting demographic uncertainties. These measures reveal that the pension spaces of advanced economies are strikingly different. Most nations have little scope to further finance pensions out of labour income  taxation over the next thirty years....

July 31, 2024
Articles, System Sustainability, , , ,
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31Jul

Unemployment in Informal Labor Markets in Developing Countries

By Emily Breza & Supreet Kaur Developing countries typically exhibit low rates of rural wage employment. For example, in India, male workers whose primary source of earnings is wage labor report working on only 46 percent of days per year.1 Bangladesh has a similarly low 55 percent rate of employment among landless males, and the rates are even lower in sub-Saharan Africa. What do these low employment rates mean? One possibility is that they reflect extremely high involuntary unemployment. Alternatively, the rates...

July 31, 2024
Articles, Labor Market, , , ,
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31Jul

Protección social universal en América Latina y el Caribe

Por Simone Cecchini La protección social constituye el primer eje de la Agenda Regional de Desarrollo Social Inclusivo, recientemente adoptada por los países reunidos en el marco de la Tercera Conferencia Regional sobre Desarrollo Social de América Latina y el Caribe, que tuvo lugar en la Ciudad de México en octubre de 2019 y cuyo objetivo es avanzar hacia la implementación de la dimensión social de la Agenda 2030 para el Desarrollo Sostenible. Se reconoce así el progreso de la...

July 31, 2024
Diseño de Pensiones, Libros, Libros, Reportes, , ,
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