April 2020
27Apr

COVID-19 – an ageing world makes it harder to fight pandemics

By Andrew Scott The global fight against COVID-19 has triggered a surge of interest in the 1918 to 1920 influenza pandemic that killed more than 50 million people around the world. But while we can learn lessons from the past, we must recognise what is different this time and tailor our response accordingly. Read also US. How The Pandemic Is Making The Retirement Crisis Worse — And What To Do About It Above all, society is ageing. In 2018, for the first time in...

April 27, 2020
News, OP Ed, Slider, , , ,
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24Apr

Labor Markets During the Covid-19 Crisis: A Preliminary View

By Olivier Coibion, Yuriy Gorodnichenko, Michael Weber We use a repeated large-scale survey of households in the Nielsen Homescan panel to characterize how labor markets are being affected by the covid-19 pandemic. We document several facts. First, job loss has been significantly larger than implied by new unemployment claims: we estimate 20 million lost jobs by April 8th, far more than jobs lost over the entire Great Recession. Second, many of those losing jobs are not actively looking to...

April 24, 2020
Articles, Labor Market, , , ,
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17Apr

The challenges of social security in the world: a Latin American polaroid

By Nelson Dionel Cardozo This essay seeks to discuss the diagnoses of the so-called "pension crisis". In the literature we find a hypothesis that population aging and changes in employment markets will make the payment of public pensions unsustainable in the future. This is explained by the decrease in the number of workers and the increase in the number of older adults in the population pyramid. Thus, the arguments critical of this vision, which has become hegemonic in the...

April 17, 2020
Articles, System Sustainability,
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March 2020
28Mar

Opting Out of Social Security: An Idea That’s Already Arrived

By David P. Richardson Under current law, workers can partially opt out of Social Security and reduce Medicare tax liability by accepting compensation in forms exempt from payroll taxes. Changing forms of compensation has an ambiguous effect on a worker's lifetime consumption possibilities. With respect to Medicare, all households are better off since they reduce tax contributions to a fixed benefit. For Social Security, the effect is ambiguous since the tax reduction implies future benefit reductions. Analyzing a hybrid...

March 28, 2020
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13Mar

Public Health and Disasters: Health Emergency and Disaster Risk Management in Asia

By Emily Ying Yang Chan, Rajib Shaw This book presents the health emergency and disaster risk management (H-EDRM) research landscape, with examples from Asia. In recent years, the intersection of health and disaster risk reduction (DRR) has emerged as an important interdisciplinary field. In several landmark UN agreements adopted in 2015–2016, including the Sendai Framework for Disaster Risk Reduction 2015–2030, the 2030 Sustainable Development Goals (SDGs), the Paris climate agreement, and the New Urban Agenda (Habitat III), health is...

March 13, 2020
Books, Pension Management, Savings, ,
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13Mar

Social Security and Financial Security at Older Ages

By Jeffrey R. Brown, James J. Choi, Courtney Coile, Richard Woodbury Beginning in September 2003, the Retirement Research Center at the National Bureau of Economic Research conducted a coordinated series of investigations on Social Security in an environment of continually changing demographics, health trends, longevity, labor markets, economic conditions, and other factors. The Center has supported extensive collaborative research over a multiyear horizon to achieve a more fully integrated understanding of Social Security’s challenges and the changing environment in...

March 13, 2020
Aging, Articles, Pension design,
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07Mar

Continuing Care Retirement Communities (B2B Procurement) in the Netherlands: B2B Purchasing + Procurement Values

By Editorial DataGroup Europe The Continuing Care Retirement Communities (B2B Procurement) Netherlands eBook Report gives data on the Purchases of 41 Raw Materials, Semi-Finished, Finished Products, plus all other business-to-business Purchases and Expenses by the Companies and Entities in the Continuing care retirement communities sector. The Continuing Care Retirement Communities (B2B Procurement) Netherlands eBook provides 14 years Historic and Forecast data on the Business to Business Purchasing and Procurement in the Continuing care retirement communities sector businesses and organisations...

March 7, 2020
Aging, Books, ,
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03Mar

US. On Social Security benefits, Biden just came around to the increases Sanders has backed for decades

By Mark Weisbrot The biggest demographic divide in the current Democratic primary battle for president is not by gender or race, but by age. This is especially true if we accept the view of some analysts that the race is looking like a two-person contest between front-runner Bernie Sanders and Joe Biden. In a recent national poll from Survey USA, Sanders showed a commanding lead among younger voters (age 18-34), with 47% to Biden’s 13%. But among senior citizens (65+), Biden...

March 3, 2020
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February 2020
22Feb

Progress and Challenges of Nonfinancial Defined Contribution Pension Schemes

The aim of this anthology is to provide new contributions to the collective knowledge of the issues and challenges of designing mandated and earnings-related universal public pension schemes (UPPS), in which a universal public nonfinancial defined contribution (NDC) scheme is one of four design options. In 1994, Nonfinancial Defined Contribution (NDC) Pension Schemes left the crib and was taking its first steps in Sweden, Italy, and Latvia. A couple of years later a fourth sibling was born in Poland, with...

February 22, 2020
Books, Books, Labor Market, Pension design, , , , ,
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22Feb

Health, Wealth, and Informality over the Life Cycle

By Julien Albertini, Xavier Fairise, Anthony Terriau How do labor market and health outcomes interact over the life cycle in a country characterized by a large informal sector and strong inequalities? To quantify the effects of bad health on labor market trajectories, wealth, and consumption, we develop a life-cycle heterogeneous agents model with a formal and an informal sector. We estimate our model using data from the National Income Dynamics Study, the first nationally representative panel study in South Africa. We...

February 22, 2020
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