Publication: Information and Financial Literacy for Socially Sustainable NDC Pension Schemes
Date
2019-04
ISSN
Published
2019-04
Author(s)
Fornero, Elsa
Oggero, Noemi
Puglisi, Riccardo
Abstract
This paper is centered on the
complementary roles played by pension
communication/information and financial literacy for a
sustainable and equitable nonfinancial defined contribution
(NDC) system at both the micro and macro socioeconomic
level. The paper presents new evidence on: (i) the concern
of public opinion about pensions in five European countries
(France, Germany, Italy, Sweden, and the United Kingdom), as
approximated by Google Trends data; (ii) the relationship
between measures of online search volume and coverage by
traditional media (i.e., national newspapers); and (iii) the
volume and framing of newspaper coverage for a specific
reform (i.e., the 2011 Italian reform). On the demand
(users) side, the paper considers pension literacy as an
element to increase the effectiveness of reforms.
Citation
“Fornero, Elsa; Oggero, Noemi; Puglisi, Riccardo. 2019. Information and Financial Literacy for Socially Sustainable NDC Pension Schemes. Social Protection and Jobs Discussion Paper;No. 1924. © World Bank, Washington, DC. http://hdl.handle.net/10986/31703 License: CC BY 3.0 IGO.”