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Réforme des retraites, marchés financiers et investissement socialement responsable : les affinités électives

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  • Frédéric Gonand

Abstract

[eng] Reform of retirement, financial markets and SRI . Elective affinity seems to link reform of retirement, development of long-term investments and SRI next decades. They so suggest the possibility of an endogenous evolution of financial capitalism which would become more favourable to a long term perspective, without departing from the principle of investors’ rationality. . JEL classification : G23, J26, M14 [fre] Des affinités électives semblent appelées à relier la réforme des retraites, le développement des placements à long terme et l’ISR au cours des prochaines décennies. Elles suggèrent ainsi la possibilité d’une évolution endogène du capitalisme financier qui deviendrait relativement plus favorable à une perspective de long terme, sans déroger au principe de rationalité des investisseurs. . Classification JEL : G23, J26, M14

Suggested Citation

  • Frédéric Gonand, 2006. "Réforme des retraites, marchés financiers et investissement socialement responsable : les affinités électives," Revue d'Économie Financière, Programme National Persée, vol. 85(4), pages 285-294.
  • Handle: RePEc:prs:recofi:ecofi_0987-3368_2006_num_85_4_4162
    DOI: 10.3406/ecofi.2006.4162
    Note: DOI:10.3406/ecofi.2006.4162
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    1. Pablo Antolín & Alain de Serres & Christine de la Maisonneuve, 2004. "Long-Term Budgetary Implications of Tax-Favoured Retirement Plans," OECD Economics Department Working Papers 393, OECD Publishing.
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    3. Frédéric Gonand, 2004. "Fonds de pension américains : une évaluation du risque macroéconomique," Revue d'Économie Financière, Programme National Persée, vol. 75(2), pages 291-311.
    4. Graciela Sanromán, 2002. "A Discrete Choice Analysis of the Household Shares of Risky Assets," Documentos de Trabajo (working papers) 0702, Department of Economics - dECON.
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    6. Kwang-Yeol Yoo & Alain de Serres, 2004. "Tax Treatment of Private Pension Savings in OECD Countries and the Net Tax Cost Per Unit of Contribution to Tax-Favoured Schemes," OECD Economics Department Working Papers 406, OECD Publishing.
    7. Joaquim Oliveira Martins & Frédéric Gonand & Pablo Antolín & Christine de la Maisonneuve & Kwang-Yeol Yoo, 2005. "The Impact of Ageing on Demand, Factor Markets and Growth," OECD Economics Department Working Papers 420, OECD Publishing.
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    More about this item

    JEL classification:

    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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