September 2025
12Sep

Social infrastructure law in the UK, EU and US

By Ewan McGaughey What should be the goals of social infrastructure, and the best means to achieve them? Social infrastructure is a new term to describe the welfare state, whose conceptual foundations were laid in Lord Beveridge’s Report, Social Insurance and Allied Services (1942). A good government, said Beveridge, should tackle five evil ‘giants’, namely disease, ignorance, squalor, idleness, and want. These could be overcome with a universal free health service, public education, public housing, full employment, and income insurance...

September 12, 2025
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12Sep

Ndc Benchmarking and Actuarial Fairness in Spain’s Db Pensions: Retirement, Disability, and Survivor Reversibility

By Carlos Vidal-Meliá We apply an actuarially grounded Notional Defined Contribution (NDC) counterfactual to benchmark Spain’s pay‑as‑you‑go Defined Benefit (DB) pensions using administrative microdata (MCVL, 2015–2023). From observed contribution histories we reconstruct notional capital, price DB liabilities with contingency‑, gender‑ and income‑stratified mortality—adding severity‑ and onset‑adjusted tables for disability—and quantify actuarial fairness via money’s‑worth ratios (MWR), real internal rates of return (IRR), and notional–cost gaps. A unified treatment of retirement, disability, and survivor reversibility employs joint‑life valuation.Results show pervasive actuarial...

September 12, 2025
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12Sep

Economic and Distributional Effects of Demographic Shifts: Evaluating Pay-as-You-Go and Fully Funded Pension Schemes Based on the Greek Experience

By Zois Gerasimos Katsimigas, Christos Papatheodorou This paper examines economic and distributional consequences of demographic shifts by comparing pay-as-you-go (PAYG) and fully funded (FF) pension schemes in a macroeconomic framework, using Greece as a case study. Facing acute ageing and population decline, Greece provides a unique context to assess the performance of these schemes. We develop a post-Keynesian stock-flow consistent (SFC) model calibrated to the Greek economy to simulate the macroeconomic and distributional outcomes of both schemes under projected demographic...

September 12, 2025
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10Sep

Encuesta sobre trabajadores en plataformas digitales basadas en la web

Por: Organización Internacional del Trabajo Este informe resume una encuesta a 1,153 trabajadores de plataformas digitales en América Latina y el Caribe. Analiza su perfil, condiciones laborales e ingresos, revelando precariedad, informalidad y falta de protección social. El 52% usa estas plataformas como ingreso secundario, con ingresos cercanos al salario mínimo. Se destaca la necesidad de políticas para asegurar trabajo decente. El estudio analiza el trabajo en plataformas digitales basadas en la web en América Latina y el Caribe mediante una...

September 10, 2025
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10Sep

Fuerza de trabajo y envejecimiento poblacional

Este documento presenta proyecciones de la fuerza laboral (o fuerza de trabajo) en Colombia hasta 2070, en el contexto del cambio demográfico y sus implicaciones económicas. Los cálculos se hacen a partir de microdatos de la Gran Encuesta Integrada de Hogares (GEIH), proyecciones poblacionales del DANE y estimaciones de la CEPAL sobre la evolución futura de la fuerza laboral colombiana hasta 2050. Adicionalmente, se consideran escenarios alternativos que incorporan la reciente disminución de la tasa de nacimientos en el...

September 10, 2025
Artículos, Mercado Laboral, Mercado Laboral, , ,
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05Sep

The Future of Labour: How AI, Technological Disruption and Practice Will Change the Way We Work

By Anthony Larsson & Andreas Hatzigeorgiou The Future of Labour: How AI, Technological Disruption and Practice Will Change the Way We Work is an anthology that offers a forward-looking exploration of how artificial intelligence (AI), digitalisation and technological transformation are reshaping the future of work. Through a series of studies conducted by scientists and industry professionals, this volume takes a deep dive into many of the issues related to new policies, AI and the digital transformation’s anticipated impact on the labour market....

September 5, 2025
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05Sep

The Need For Regulation Of Private Equity: Evidence From De-Spac Transactions

By Sureyya Burcu Avci, Cindy A. Schipani & H. Nejat Seyhun In this Article, we examine whether regulation is needed to protect investors in private equity. We do this by analyzing the performance of de-SPAC transactions that solicited private investment. These private investments in public equity are known as PIPEs. Because PIPE returns are publicly available, we are empirically able to determine whether the limited PIPE investors are getting a fair deal in these investments. We find that de-SPAC investors...

September 5, 2025
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05Sep

Integrating Risk Management into Personal Financial Decisions

By Navin Kumar Effective personal financial planning demands navigating a landscape of uncertainty. This chapter explores how integrating risk management practices into personal finance decisions empowers individuals to achieve their financial goals. We begin by outlining the contemporary challenges individuals face and the importance of proactive planning. The chapter then delves into the concept of risk in personal finance, categorizing potential threats and their impact on financial stability. We highlight the benefits of a risk management approach, emphasizing its role...

September 5, 2025
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05Sep

Digital Pension Systems, Economic Growth, and Alleviation of Elderly Poverty

By Xue Wu Based on panel data from 31 provinces and municipalities in China (excluding Taiwan, Hong Kong, and Macau) from 2011 to 2023, this study empirically examines the relationship among the digital pension system, economic growth, and the alleviation of elderly poverty. The empirical analysis yields the following findings: (1) A well-developed digital pension system helps to alleviate elderly poverty; (2) Economic growth significantly mitigates elderly poverty; (3) The digital pension system serves as a mediating factor in the effect...

September 5, 2025
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04Sep

US. Don’t Plan Your Retirement Around Working Longer

You're fast approaching retirement, but don't have enough money to comfortably retire just yet. Instead of stashing more money in your 401(k), what if you just worked longer, delaying retirement until you saved enough? While this may seem like a good idea in theory, in practice it might not work out. We connected with policy experts to understand at what age people are retiring and why working forever won't solve your retirement woes. When Are People Actually Retiring? Most Americans retire before...

September 4, 2025
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