August 2018

06Aug

Stealing To The Youth And Giving To The Old? : Intergenerational Inequalities And Political Dynamics In The Italian Pension System

By Giulio Del Balzo "The contemporary welfare state in capitalist democracies is largely a welfare state for the elderly” (Myles, 1984) Filicide is a recurrent event in ancient mythology, as well as in nature. Just as Kronos devoured his sons, fearing that they would dispossess him from the Gods’ throne, so many animal species, like lions, usually kill their puppies, since they perceive their children as potential threats to their consolidated interests and well-being. So, as in nature and myths, filicide...

August 6, 2018
Aging, Books, Labor Market, ,
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July 2018

16Jul

Artificial Intelligence In Healthcare

By Dr. Parag Mahajan Md Do you want to know the relationship between Artificial Intelligence (AI) & healthcare, & how AI is improving healthcare? Technology is evolving rapidly, & you need to keep up to stay at the top. Artificial Intelligence (AI) is revolutionizing all aspects of healthcare & this book is intended to be your companion on this journey. It’s a power-packed AI book that guides you about the current state and future applications of AI in healthcare, including those under development,...

July 16, 2018
Books, Labor Market, ,
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June 2018

04Jun

Towards an Equitable and Sustainable Points System. A Proposal for Pension Reform in Belgium

By Erik Schokkaert (Catholic University of Leuven (KUL)), Pierre Devolder (Catholic University of Louvain), Jean Hindriks (University of London - School of Economics and Finance) & Frank Vandenbroucke (University of Amsterdam) We describe the points system as proposed by the Belgian Commission for Pension Reform 2020–2040. Intragenerational equity can be realised through the allocation of points within a cohort. The intergenerational distribution is determined by fixing the value of a point for the newly retired and a sustainability parameter for...

June 4, 2018
Articles, Pension design, Regulation, , , ,
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April 2018

March 2018

19Mar

Rescuing Retirement

By Teresa Ghilarducci,‎ Tony James,‎ Timothy Geithner Everyone deserves to be able to retire with dignity, but this core feature of the social contract is in jeopardy. Companies have swerved away from pensions, and most of the workforce has woefully inadequate retirement savings. If we don’t act to fix this broken system, rates of impoverishment for senior citizens threaten to skyrocket, and tens of millions of Americans reaching retirement age in the coming decades will be forced to delay retirement...

March 19, 2018
Books, Labor Market, Pension design,
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February 2018

05Feb

Parents with an Unemployed Adult Child: Labor Supply, Consumption, and Savings Effects

By Kathryn Anne Edwards (RAND Corporation) & Jeffrey B. Wenger (RAND Corporation; American University - School of Public Affair) The risk of labor market, health, and asset-value shocks comprise profound retirement savings challenges for older workers. Parents, however, may experience added risk if their children experience adverse labor market shocks. Prior research has shown that parents support their children financially through an unemployment spell. In this paper, we also provide evidence of financial support from parents and investigate if this...

February 5, 2018
Aging, Articles, Labor Market, ,
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January 2018

29Jan

Understanding Earnings, Labor Supply, and Retirement Decisions

By Xiaodong Fan (University of New South Wales (UNSW)), Ananth Seshadri (University of Wisconsin - Madison - Department of Economics) & Christopher Taber (National Bureau of Economic Research (NBER); University of Wisconsin - Madison) We develop and estimate a model in which individuals make decisions on consumption, human capital investment, labor supply, and retirement. Unlike all previous work, our model allows both an endogenous wage process (which is typically assumed exogenous in the human capital and earnings dynamics literature). In...

January 29, 2018
Aging, Articles, Labor Market, , ,
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October 2017

08Oct

Occupational Pension Funds (IORPs) & Sustainability: What Does the Prudent Person Principle Say?

By Alexandra Horvathova, Rasmus Kristian Feldthusen & Vibe Ulfbeck (University of Copenhagen) The European Union encourages individuals to save in private and occupational pension funds to complement their state saving-plans. Throughout their lives, employers directly sponsor occupational retirement saving plans, so individual employees may top up their future pensions. While the European Union clearly supports the formation and cross-border participation in these financial vehicles by adopting regulatory framework, the EU has also decided to determine a common investment decision standard...

October 8, 2017
Aging, Articles, Pension design, Regulation, , ,
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08Oct

Occupational Pension Funds (IORPs) & Sustainability: What Does the Prudent Person Principle Say?

By Alexandra Horvathova, Rasmus Kristian Feldthusen & Vibe Ulfbeck (University of Copenhagen) The European Union encourages individuals to save in private and occupational pension funds to complement their state saving-plans. Throughout their lives, employers directly sponsor occupational retirement saving plans, so individual employees may top up their future pensions. While the European Union clearly supports the formation and cross-border participation in these financial vehicles by adopting regulatory framework, the EU has also decided to determine a common investment decision standard...

October 8, 2017
Aging, Articles, Pension design, Regulation, , ,
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August 2017

20Aug

Ethical, Environmental, Social and Governance-Oriented Investments

By Julia M. Puaschunder (Harvard) In the aftermath of the 2008/9 World Great Recession, ethical investing blossomed as opportunity to imbue trust in the economy. The crisis aftermath offered invaluable opportunities to redefine social investment to strengthen a more sustained, inclusive and equitable society. The 2015 incepted Sustainable Development Goals spearheaded the idea of financing societal advancement. Ethical, Environmental, Social and Governance-oriented Investments are key to sustainable prosperity. In the wake of stakeholder activism and based on intrinsic socio-psychological motives,...

August 20, 2017
Articles, Investing, Management, Slider-Left, ,
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