April 2023

“Equidad de género en pensiones. El caso de México”

Por Vicente Castañon Ibarra, Olaf Froylan Ferreira Blando & Cecilia Nayeli Flores Sandoval Lograr equidad de género es una deuda social a nivel internacional. Una cara de este tema se refiere a los ingresos económicos en la vejez, donde los sistemas de pen- siones que protegen a los ciudadanos después del retiro laboral juegan un papel preponderante. La igualdad entre hombres y mujeres es un reto, en general, en los esquemas pensionarios del mundo, ya que con frecuencia tienden a...

March 2023

The cost of living

We first took evidence on the cost of living crisis in February 2022, when inflation was forecast to peak at 7.25% in April 2022. Since then, we have seen the invasion of Ukraine compound the difficult economic picture and inflationary pressure seen internationally and domestically after the COVID-19 pandemic, and inflation now looks set to top 11% in October—the highest in 40 years. However, the context for the cost of living crisis and its impact on the poorest in...

COVID-19 Private Pension Withdrawals and Unemployment Tenures

By Tristram Sainsbury, Robert V. Breunig & Timothy Watson This is the first study to evaluate the effects of early pension withdrawal policies on tenures on unemployment payments in the COVID-19 context. We use a novel set of linked whole-of-population administrative records to examine more than half-a-million Australians who found themselves newly on an unemployment payment in the initial months of the COVID-19 pandemic. We estimate that receiving a lump sum of up to A$10,000 from superannuation accounts at the...

Perspectivas de inversión sostenible en América Latina: oportunidades para empoderar a sus habitantes y proteger el planeta

Por Alejo Czerwonko, Chief Investment Officer Emerging Markets Americas, UBS Financial Services Inc. (UBS FS); Brennan Azevedo, CFA, Emerging Markets Associate Americas, UBS Financial Services Inc. (UBS FS); Donald McLauchlan, Emerging Markets Strategist Americas, UBS Financial Services Inc. (UBS FS); Xingchen Yu, Emerging Markets Strategist Americas, UBS Financial Services Inc. (UBS FS); Chinenyenwa Amaechi, Emerging Markets Analyst, UBS Financial Services Inc. (UBS FS); Amantia Muhedini, Sustainable Investing Strategist, UBS Financial Services Inc. (UBS FS); Ronaldo Patah, Emerging Markets...

Equidad de género en pensiones

Por Comisión nacional del sistema de ahorro para el retiro Lograr equidad de género es una deuda social a nivel internacional. Una cara de este tema se refiere a los ingresos económicos en la vejez, donde los sistemas de pensiones que protegen a los ciudadanos después del retiro laboral juegan un papel preponderante. La igualdad entre hombres y mujeres es un reto, en general, en los esquemas pensionarios del mundo, ya que con frecuencia tienden a reproducir las diferencias existentes en...

La orientación sexual y sus efectos en el mercado laboral: un estudio basado en técnica sistemática de revisión

Por Daniel Suliano, Guilherme IrffiAna & Beatriz Rêgo de Sá Barreto Al utilizar la técnica de revisión sistemática, este trabajo tiene dos objetivos. En primer lugar, intentamos identificar diferentes formas de clasificación de la orientación sexual dentro del mercado laboral. Luego, en vistas al segundo objetivo, se analizó el mercado laboral como un canal que genera una distribución desigual del ingreso a través de mecanismos discriminatorios basados en diferenciales de ingresos por orientación sexual. La fuente de datos utilizada fue...

Promoción del ahorro y ahorro previsional voluntario: Revisión de la literatura

Por Carlos Gustavo Machicado S. Este documento realiza una revisión exhaustiva de la literatura, a nivel microeconómico, sobre intervenciones principalmente conductuales destinadas a promover el ahorro voluntario para la vejez (jubilación). Los diferentes mecanismos y/o herramientas que se describen han sido pensados para promover este tipo de ahorro especialmente en trabajadores independientes y de bajos ingresos. Por tanto, los resultados pueden ser fácilmente extrapolados a trabajadores del sector agrícola tradicional, que se caracterizan precisamente por ser independientes, de ingresos bajos...

The Influence of Financial Literacy on Retirement Planning in South Africa

By Nyasha Tapiwa Dhlembeu, Mamekwa Katlego Kekana & Mpinda Freddy Mvita Background: A shift in the retirement planning and pensions landscape has created an enormous responsibility for individuals to plan for their retirement provision actively. Very few South Africans reach the average retirement age of 65 years with sufficient funds to sustain themselves during their retirement. Purpose/objective: Using secondary data from the 2011 South African Social Attitudes Survey (SASAS), this study aims to examine the influence financial literacy has on the...

Pay-as-They-Get-In: Attitudes Towards Migrants and Pension Systems

By Tito Boeri, Matteo Gamalerio, Massimo Morelli & Margherita Negri We study whether a better knowledge of the functioning of pay-as-you-go pension systems and recent demographic trends in the hosting country affects natives' attitudes towards immigration. In two online experiments in Italy and Spain, we randomly treated participants with a video explaining how, in pay-as-you-go pension systems, the payment of current pensions depends on the contributions paid by current workers. The video also explains that the ratio between the number of...

African Pension Funds – Environmental, Social & Governance Factors Benchmarking Exercise

By Dr Rory Sullivan and Robert Black, Matthew Sullivan & Fiona Stewart African Pension Supervisors Forum, representing pension supervisory authorities from across the African region, invited the team to review the approach to incorporation of ESG factors into decision making by pension funds across the región This project assessed a sample of Africa’s pension funds on their sustainable investment related disclosure Strengths in disclosure were: 1.All of the funds provide good disclosure about their organisation, including their history, ownership, mission, governance structure...