Proper

Call for Papers

Special Issue on: Financial management: the insecure elderly caught in between!

Aim and Scope

The triumph of longevity poses a challenge when it comes to the fiscal management for the elderly. Economic well-being depends on both, the ability of current income to meet consumption needs, and the future income flows and assets that can be drawn upon to cover the cost of future uncertainties. For the elderly, this becomes especially critical, as they try to balance their expenditures (mainly medical, long term care and basic necessities) with static, fixed incomes. Methods used by the previous generations no longer work for many older persons today, as much in the economic world has changed.
Financial issues facing the elderly people include how to manage their assets and how to keep from outliving them, methods of saving and income planning, healthcare costs as they age, and managing costs for other necessities such as housing and food. Unlike the younger generation whose incomes are not necessarily fixed, pensions or retirement plans (or social security) often constitute the only monthly income many elderly persons receive. Furthermore, when prices rise or some unexpected expenses are incurred, their limited, fixed budget becomes even more limited, and often force the elderly to cut costs in other areas, causing problems such as substandard living conditions or poor nutrition.
In this special issue, we look at how the elderly meet their expenses and what are the various ways that the elderly use to plan for expenditures in the long-term. This has become a highly topical issue in recent years as the cost of health care rises, the number of elderly people goes up and increase in public health expenditure and public insurance becomes uncertain. Furthermore, technological change and income inequality interacts with the ageing population to threaten the sustainability of conventional financing options. The objective of this special issue, therefore, is to explore the economics of ageing from the perspective of innovative and sustainable management of the finances.

• The sociology of aging
  
• The economics of old age
  
• Living in an age of longevity: Lessons for Finance
  
• Cognitive knowledge and financial planning
  
• Evaluation of policies aimed at financial management
  
• Insurance systems
  
• Precautionary savings
  
• Tax policies’ implications
  
• Innovations in designs and management
  
• Intergenerational implications
  
• Health and disability financing
  
• The relationship with capital market returns
  
• Evaluating policies for disparities – gender, ethnic/racial, inter-regional, urban/rural
  

Authors should submit paper with about 10 pages ~ 18 pages by using SI online submission system of the journal. The author should prepare the manuscript following the instructions in the paper format:

http://gvpress.com/journals/downloads/GVPressPaperFormat(MS-Word).docx

Guest Editor

• Anjula Gurtoo, Associate Professor, Indian Institute of Science, India
  Email: anjula@mgmt.iisc.ernet.in
  

Important Dates

• Submission Deadline: May 15, 2017
  
• Notification of Acceptance: June 15, 2016
  
• Final Version Due: August 30, 2017
  
• Publishing Date: May 15, 2017
  

Special Issue Submission System