Economic Behavior and Risk Management

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074).

Deadline for manuscript submissions: closed (30 August 2023) | Viewed by 1465

Special Issue Editor


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Guest Editor
Department of Statistics and Insurance Science, School of Finance and Statistics, University of Piraeus, 185 34 Pireas, Greece
Interests: insurance economics; risk management; pension economics; actuarial science

Special Issue Information

Dear Colleagues,

Economic behavior is a key driver when deciding on future decisions that shape the financial capacity of people. In this aspect, managing the risk that is intertwined with such decisions is integral to having a sustainable income throughout one’s life.

This Special Issue focuses on the importance of the decisions made by the average person and the relation to the risk regarding the person’s income availability.

Topics for this Special Issue inclide, but are not limited to, the following: 

  • Pension economics and economic behavior;
  • Economic behavior under certain cultural and religious patterns;
  • Life-cycle model and the consequent risk undertakings;
  • Actuarial valuations and economic behavior;
  • State pensions as risk factor;
  • Risk management on personal finances.

Prof. Dr. George Symeonidis
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • pension economics
  • behavioral economics
  • life-cycle model
  • pension projections
  • risk management

Published Papers (1 paper)

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Research

13 pages, 1672 KiB  
Article
Sustaining Retirement during Lockdown: Annuitized Income and Older American’s Financial Well-Being before and during the COVID-19 Pandemic
by Qi Sun and Gary Curnutt
J. Risk Financial Manag. 2023, 16(10), 432; https://doi.org/10.3390/jrfm16100432 - 03 Oct 2023
Cited by 1 | Viewed by 1038
Abstract
The landscape of employer-sponsored retirement plans in the U.S. has changed dramatically during the past few decades as more and more private-sector employers have decided to freeze or terminate traditional pension plans. Defined contribution (DC) plans became the primary choice or the only [...] Read more.
The landscape of employer-sponsored retirement plans in the U.S. has changed dramatically during the past few decades as more and more private-sector employers have decided to freeze or terminate traditional pension plans. Defined contribution (DC) plans became the primary choice or the only choice for employees to participate in employer-sponsored retirement plans. In the next ten to twenty years, the income from pension plans will only count for a third of the total retirement income for GenXers when compared to their baby boomer counterparts. It is important for research to provide evidence on how the change in retirement income resources impacts retirees’ retirement security and financial wellness. Using Health and Retirement Study (HRS) data before and during the COVID-19 pandemic, this study examines the association between annuitized income and various measures of older Americans’ financial well-being over time, particularly during the pandemic. This study finds that receiving annuitized income has a statistically significant relationship with reduced subjective financial well-being for both measurements, while only one of the measures of objective well-being, having liquid assets greater than the median household income, has a statistically significant positive relationship with receiving annuitized income. Full article
(This article belongs to the Special Issue Economic Behavior and Risk Management)
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