Journal of Pension Economics & Finance
Scope & Guideline
Navigating the Future of Retirement Finance
Introduction
Aims and Scopes
- Pension System Analysis:
The journal emphasizes in-depth studies of various pension systems worldwide, examining their structure, funding mechanisms, and sustainability. This includes evaluations of defined benefit and defined contribution plans, as well as hybrid systems. - Retirement Income Strategies:
Research on effective retirement income strategies is a core focus, including topics like annuitization, decumulation strategies, and the impact of investment choices on retirement outcomes. - Behavioral Economics in Pension Choices:
The journal explores the psychological and behavioral factors influencing individual and institutional decisions regarding pension savings, investments, and retirement planning. - Policy and Reform Implications:
A significant aim is to analyze the implications of pension policy reforms and their socio-economic impacts, including equity, sustainability, and responsiveness to demographic changes. - International Perspectives on Pension Issues:
The journal encourages comparative studies that highlight the differences and similarities in pension systems across countries, fostering a global understanding of pension economics.
Trending and Emerging
- Impact of Technology on Pension Management:
There is a growing trend towards examining how technology, such as online pension dashboards and digital tools, affects pension knowledge, decision-making, and overall retirement preparedness. - Behavioral Insights in Retirement Planning:
Research exploring the psychological aspects of retirement planning and how cognitive biases affect financial decisions is gaining traction, highlighting the need for better financial literacy and education. - Sustainability and Environmental Considerations in Pension Funds:
Emerging themes include the integration of sustainability into pension fund investment strategies, reflecting a broader societal shift towards responsible investing and consideration of environmental, social, and governance (ESG) factors. - Demographic Changes and Retirement Dynamics:
As populations age, there is an increasing focus on how demographic shifts impact retirement decisions, labor market participation, and policy responses, particularly in the context of older workers. - Global Pension Reforms and Comparisons:
An uptick in comparative studies of pension reforms across different countries is evident, driven by the need to learn from diverse approaches to common challenges in pension economics.
Declining or Waning
- Traditional Pension Fund Performance:
Research focused primarily on the historical performance metrics of pension funds has seen a decline as the field shifts towards more dynamic analyses, such as the impact of behavioral factors and market changes. - Static Retirement Age Policies:
Studies centered on fixed retirement age policies are becoming less common, as the focus has shifted towards flexible retirement solutions and the implications of longevity on retirement planning. - Pension Fund Governance:
While governance remains important, the specific focus on traditional governance structures is waning as new models and frameworks emerge, emphasizing transparency and stakeholder engagement.
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