Reviews some changes occurring in investor or shareholder power and the effects those changes have been having in the USA, the UK, Germany and France. Believes that UK and European shareholders are flexing their muscles in unfamiliar ways. Looks at various pension schemes and gives a brief...

This paper provides new evidence on native-migrant differences in financial behavior by analyzing the role of noncognitive and cognitive skills. We make use of data from the Health and Retirement Survey (HRS) which is a longitudinal household survey of the older U.S. population containing...