May 2020
08May

Have Cash Transfers Succeeded in Reaching the Poor in Latin America and the Caribbean?

By Marcos Robles, Marcela G. Rubio, Stampini Marco We present novel estimates of the quality of targeting of conditional cash transfer (CCT) and non-contributory pension (NCP) programs in Latin-America and the Caribbean. Our contribution is novel in that we use both national and international poverty lines, provide differentiated estimates for urban and rural areas, and compare CCT and NCP programs. We show that leakage to the non-poor coexists with pervasive under-coverage of all poor, including the extreme poor. On average,...

May 8, 2020
Adequacy, Books, Labor Market, ,
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April 2020
04Apr

Melbourne Mercer Global Pension Index 2019 (MMGPI)

By Mercer, Monash University, MELBOURNE Ageing populations continue to be a significant issue for many economies as we are living longer and fertility rates continue to decline. Pension systems are becoming more important than ever as households want to maintain their living standards throughout retirement. But how is this possible, especially within the economic environment of low interest rates and reduced economic growth? There are implications for employers, employees, governments, as well as the pension funds....

April 4, 2020
Adequacy, Books, System Sustainability, ,
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February 2020
15Feb

Retirement Migration from the U.S. to Latin American Colonial Cities (International Perspectives on Aging Book 27)

By Philip D. Sloane, Sheryl Zimmerman, Johanna Silbersack This book provides a comprehensive overview of a growing phenomenon in migration: retired Americans moving to Latin America. Through in-depth profiles of two of the most popular destinations – Cuenca, Ecuador and San Miguel de Allende, Mexico, the book provides a unique commentary on the social forces shaping this new diaspora and its impact on the settings to which retirees relocate.  Sections of the book address the lives and activities of retirees themselves; their...

February 15, 2020
Adequacy, Aging, Books, Books, Labor Market,
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January 2020
18Jan

Risk and Equity Release Mortgages in the UK

By: Tripti Sharma, Declan French, Donal G. McKillop Accessing elderly housing wealth through equity release mortgages (ERMs) continue to be the focus of policy debates about how to pay for social care and how to support retirement incomes in the UK. We demonstrate in this paper that the spatial concentration of this market in just a few regions is not due to demand but to the risks faced by suppliers. We show that by ignoring regional variations in No Negative...

January 18, 2020
Adequacy, Articles, Pension design, Slider-Left, ,
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December 2019
06Dec

Exploring Wealth Inequality

By Cato Institute, Ryan Bourne, Chris Edwards Many political leaders and pundits consider wealth inequality to be a major economic and social problem. They complain about a shift of wealth to the top at everyone else’s expense and about plutocrats dominating policymaking in Washington. Is wealth inequality the crisis that some people believe? This study examines six aspects of wealth inequality and discusses the evidence for the claims being made. Section 1 describes how wealth inequality has risen in...

December 6, 2019
Adequacy, Articles, System Sustainability,
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November 2019
22Nov

Fiscal Incidence in Moldova: A Commitment to Equity Analysis

By Alexandru Cojocaru, Mikhail Matytsin, Valeriu Prohnitchi This paper uses methods developed by the Commitment to Equity Institute and data from the Household Budget Survey to assess the effects of government taxation and social spending on poverty and inequality in Moldova. The paper presents the first detailed distributional analysis of the tax and expenditure sides of the fiscal system, examining in particular the contribution of different taxes and transfers to poverty and inequality reduction in Moldova, as well as...

November 22, 2019
Adequacy, Articles, Pension design, , , ,
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08Nov

Social Protection in Developing Countries: Reforming Systems

By Katja Bender, Markus Kaltenborn, Christian Pfleiderer, Magdalena Sepulveda Carmona Providing universal access to social protection and health systems for all members of society, including the poor and vulnerable, is increasingly considered crucial to international development debates. This is the first book to explore from an interdisciplinary and global perspective the reforms of social protection systems introduced in recent years by many governments of low and middle-income countries. Although a growing body of literature has been concerned with the...

November 8, 2019
Adequacy, Books, System Sustainability, ,
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October 2019
21Oct

Melbourne Mercer Global Pension Index 2019 (MMGPI)

Ageing populations continue to be a significant issue for many economies as we are living longer and fertility rates continue to decline. Pension systems are becoming more important than ever as households want to maintain their living standards throughout retirement. But how is this possible, especially within the economic environment of low interest rates and reduced economic growth? There are implications for employers, employees, governments, as well as the pension funds. Pension reform is being considered in many countries,...

October 21, 2019
Adequacy, Books, Reports, Slider-Left, Sustainability, , ,
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11Oct

The Quest for Sustainability in Contingent Pension Plans

By Barry Gros, Barbara Sanders The types of pension plans offered to Canadian employees are changing. As membership in traditional defined-benefit pension plans declines, plans in which benefits are contingent on the financial status of the plan are becoming more common. Rather than placing all the risk on sponsors to deliver guaranteed benefits to members, these contingent pension plans require members to take on at least some of the risk that benefits may or may not meet expectations. At...

October 11, 2019
Adequacy, Articles, Sustainability, , ,
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September 2019
20Sep

Old-Age Poverty: The Household Perspective; A Microsimulation Approach of Pension Entitlements in Germany

By Sebastian Finkler Providing a decent living standard and preventing old-age poverty are the two major challenges of pension insurance schemes. Replacement rates below the poverty line despite many years of contribution represent a major challenge for public pension schemes with respect to the systems 'raison d’être'. The focus of the present paper turns away from individual perspective and considers household retirement incomes in the light of analysing old-age poverty and designing (minimum) pension policies. Using household survey and...

September 20, 2019
Adequacy, Aging, Articles, Pension design, , ,
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