January 2023

Older Adults and Technology Use

By: Aaron Smith America’s seniors have historically been late adopters to the world of technology compared to their younger compatriots, but their movement into digital life continues to deepen, according to newly released data from the Pew Research Center. In this report, we take advantage of a particularly large survey to conduct a unique exploration not only of technology use between Americans ages 65 or older and the rest of the population, but within the senior population as well. Two different groups of older Americans...

World Migration Report 2022

By: IOM Since 2000, IOM has been producing its flagship world migration reports every two years. The World Migration Report 2022, the eleventh in the world migration report series, has been produced to contribute to increased understanding of migration and mobility throughout the world. This new edition presents key data and information on migration as well as thematic chapters on highly topical migration issues, and is structured to focus on two key contributions for readers: Part I: key information on migration...

Choosing Pension Fund Investment Consultants

By Aleksandar Andonov, Matteo Bonetti & Irina Stefanescu Pension funds rely on the advisory services of investment consultants for asset allocation decisions, manager selection, and performance benchmarking. While prior research finds that consultants generally do not add value, pension funds have increased the number of consultants over time, particularly in alternative assets, such as real assets, private equity and hedge funds. We explore the factors underlying the hiring and firing of consultants and examine whether these decisions are made in the...

El envejecimiento en Colombia: un análisis desde la economía del cuidado 2000-2015

El envejecimiento en Colombia: un análisis desde la economía del cuidado 2000-2015

Por: Botero Castro, Alexander Castellanos Morales, Viviana Guerrero Samudio, & Cindy La presente revisión de literatura aborda el problema del cuidado desde la perspectiva de la economía del cuidado; este término es utilizado para definir el conjunto de actividades requeridas para la reproducción social: entre estas la transformación de alimentos, limpieza del hogar, el cuidado de niños, ancianos y personas en condición de discapacidad. Otro aspecto a tener en cuenta es que la mayoría del trabajo doméstico es realizado por...

2021 ESG Report. Government Pension Investment Fund

 By: Government Pension Investment Fund Government Pension Investment Fund (GPIF) manages and invests Japan’s pension reserve fund, which is used to pay Employee Pension Insurance and National Pensions. We contribute to the stability of the pension system by earning returns on our investments and distributing these to the government ESG is the acronym for Environmental, Social, and Governance. While investors have traditionally used cash flows, profit margins and other quantitative financial data to value a company’s equity or other securities, “ESG...

Guía para el reporte y divulgación voluntaria de factores ambientales, sociales y de gobierno corporativo

Guía para el reporte y divulgación voluntaria de factores ambientales, sociales y de gobierno corporativo

Por: Olga Cantillo & Luiz Gabriel Todt de Azevedo   El análisis de los estados financieros ha sido la herramienta principal de los inversionistas para evaluar el desempeño, observar el riesgo crediticio y construir modelos financieros para estimar el valor de las empresas. Por eso, la publicación oportuna de información financiera estandarizada ha sido condición necesaria para la globalización y el buen funcionamiento de los mercados de capital. Recientemente, las empresas han experimentado un cambio de perspectiva debido a la importancia creciente...

Un repaso a la Responsabilidad Social Corporativa (RSC) en América Latina y el Caribe

Un repaso a la Responsabilidad Social Corporativa (RSC) en América Latina y el Caribe

Por: Clayson Cosme Da Costa Pimenta & José Alberto Goicochea Calderón Este trabajo parte del paradigma de la Responsabilidad Social Corporativa (RSC) para examinar críticamente el impacto que ha tenido en las empresas, citando y analizando algunos casos de estudio destacados dentro del área de América Latina y el Caribe (ALC). El objetivo principal es analizar el estado actual y las perspectivas de la RSC ejemplificándola con distintas empresas referenciales de países latinoamericanos. La metodología utilizada es cualitativa, a partir...

Occupational pensions statistics

By European Insurance and Occupational Pensions Authority EIOPA provides statistical data on how institutions for occupational retirement provision in the EU and the European Economic Area (EEA) perform. The statistics contain aggregated country level information about the basic information, balance sheet, asset exposures, expenses, member data, contributions, benefits, and transfers. Data refers to the latest information available for each reference date. Our statistics are based on quantitative pensions data reports. Occupational pension institutions in the EU and the European Economic Area (EEA)...

Standardized, Unitized, Accretive Longevity Insurance: Lessons from the Differing Demand for Annuities and Life Insurance

By Andrew Stumpff Morrison The historic U.S. shift from defined-benefit to defined-contribution employer-sponsored retirement plans has produced, among other things, a reduction in sharing of the risk of outliving one’s retirement savings. Commercial annuity contracts are available to insure this risk, but despite efforts to encourage their acquisition, few people own them. Close comparison with another life-cycle risk – that addressed by life insurance, which is more widely purchased by consumers – highlights as a probable reason for this low...

Optimal Retirement with Disability Pensions

By Hans Fehr & Adrian Fröhlich This paper develops a general equilibrium life-cycle model with endogenous retirement and disability risk, in order to quantify the impact of recent pension reforms in Germany. At certain ages households may either apply for disability pensions (DP) or old-age pensions (OAP), de-pending on eligibility rules and the generosity of the two programs. Our policy analysis focus on the increase in the normal retirement age (NRA) from age 65 to 67 (Reform 2007) and the recent...