May 2026
15May

Private Climate Governance of Finance: “Net Zero” Prospects and Politics

By Cynthia A. Williams In 2021, as part of the COP26 climate negotiations in Glasgow, the Glasgow Financial Alliance for Net Zero (“GFANZ”) was announced. This Alliance of banks, asset managers, and insurance companies, among other financial institutions, with more than $130 trillion of assets under management when announced, was based on a pledge by the participating companies to work towards net-zero status in their businesses by 2050 or sooner. Led by former UK Bank of England Governor Mark Carney, who is now the U.N.’s Special Envoy...

May 15, 2026
Articles, Investment, , , ,
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08May

Iran Conflict: How Long, and How Bad?

By Goldman Sachs The unprecedented US and Israeli coordinated attack on Iran has resulted in the largest energy supply disruption in history. With seemingly no end to the conflict in sight, its potential duration, impact on global energy supplies, and economic and market implications are Top of Mind. Chatham House’s Sanam Vakil and longtime US Middle East advisor Dennis Ross agree that an end to the conflict doesn’t look imminent owing to (the lack of) incentives on Iran’s side and...

May 8, 2026
Books, Books, Pension Management, Reports, , ,
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08May

Socio-economic Status of Informal Sector Business Entrepreneurs in Bangladesh

By Dr. Nazrul Islam Informal sector business is a highly growing sector of Bangladesh which is defined as the businesses that are neither taxed nor monitored by any form of government or authority . A large number of small and medium enterprises (SME) fall into this category of the informal sector of businesses. The major driving forces behind the growth of informal sector businesses in Bangladesh are the rise in household demands fir goods and services manufactured and supplied by...

May 8, 2026
Articles, Labor Market, , ,
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08May

Pension Systems, Demographic Aging, and the Home Bias Puzzle: Global Evidence

By Brian Peters This paper tests whether pension system growth mediates the relationship between demographic aging and cross-border portfolio diversification. Using a panel of up to 188 countries from 1990 to 2024, we find that demographic aging robustly predicts pension system growth (Z₁ = +69.2***, p = 0.0002, N = 1,225, 42 countries), establishing the first stage of the mediation chain. However, pension fund growth does not uniformly translate into changes in external portfolio allocation: the second stage (pension spending...

May 8, 2026
Articles, System Characterization, , ,
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06May

La Seguridad Social como Eje de los Derechos Humanos Sociales

Por Gabriela Mendizábal Bermúdez Este artículo aborda la seguridad social como eje articulador de los derechos sociales, entendida como el mecanismo que garantiza condiciones mínimas de bienestar y dignidad. A partir de una breve revisión normativa, se examina la evolución histórica de los derechos humanos sociales desde los primeros instrumentos internacionales hasta su integración en el marco jurídico mexicano. Se demuestra que la seguridad social mantiene una estrecha interdependencia con los derechos a la salud, al trabajo, a la educación,...

May 6, 2026
Artículos, Mercado Laboral, Mercado Laboral, ,
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April 2026
29Apr

Gambling for Retirement: The Economics of Savings Lotteries

By Jared Gars, Justin Holz, Rodemeier & Juan Miguel Villa Governments frequently use lottery-like incentives to encourage socially desirable behavior ("Pigouvian lotteries"). We study lotteries that encourage retirement savings in a nationwide field experiment with over 380,000 participants in Colombia's public pension system. Lotteries increase savings during the qualification period, but this effect is almost entirely offset by subsequent declines in savings, as workers strategically shift the timing of deposits. Lotteries also crowd out demand for valuable life and disability...

April 29, 2026
Articles, Savings, , , , ,
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29Apr

The Welfare Effects of Protecting Older Workers

By Todd Morris, Stefan Staubli & Benoit Dostie We evaluate the welfare effects of five provincial mandatory retirement bans in Canada from 2005 to 2009 using linked employer-employee tax data. The bans sharply reduce retirements at age 65, with sizable announcement effects and heterogeneity across industries. Post-65 employment and earnings rise at least 14%, with gains comparable to a two-year increase in pension-eligibility ages. Older workers save more and spouses postpone retirement, benefiting public finances, with no observable effects on...

April 29, 2026
Aging, Articles, , , ,
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29Apr

Threats of AI? Workers’ perceptions of technological change and precautionary saving behaviour

By Kun Lee, Ludivine Martin & Thuc-Uyen Nguyen-Thi Despite the extensive literature on the labour market impacts of technological change, workers’ behavioural adaptation to augmented technological risks remains relatively underexplored. In this study, we investigate workers’ perceptions of future risks posed by AI and advanced technologies and how these perceptions are causally linked with their precautionary saving behaviour. Using a novel survey of workers in Luxembourg – a country characterised by rapid technological change and dynamic labour markets – we...

April 29, 2026
Articles, Labor Market, , , ,
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29Apr

Políticas públicas que inciden en el bienestar de los adultos mayores en México

Por Vanessa Sarahí Martínez-Sepúlveda, Elda Ayde De León-de la Garza & Karla Annett Cynthia Saénz-López Objetivo: identificar las políticas públicas inciden positivamente en el bienestar de los adultos mayores. H1: La atención a la salud es una política pública que incide positivamente en el bienestar de los adultos mayores en México. H2: La igualdad de oportunidades es una política pública que incide positivamente en el bienestar de los adultos mayores en México. Método: Se consultó base de datos donde se...

April 29, 2026
Artículos, Envejecimiento, Envejecimiento, , ,
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27Apr

Analysis-Brazil shackles public pension funds after Banco Master meltdown

Brazil’s biggest bank failure in recent history has led to an aggressive crackdown on public pension funds, which were among its creditors, limiting their portfolios in ways that could make it harder to hit their long-term targets. The new restraints for public pension funds, which manage some $73 billion in Brazil, are part of the widening fallout from the liquidation of Banco Master, with consequences for politicians, a state-run lender and even central bankers. Although Master was not considered a systemic...

April 27, 2026
News, , , ,
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