Issue/s in progress

Issue/s in progress with articles that are final and fully citable

The Impact of Population Ageing on Public Finances in the EU-27: A Systematic Literature Review

  • María Cadaval-Sampedro
  • Santiago Lago-Peñas
  • Xoaquín Fernández-Leiceaga
  • Alejandro Domínguez-Lamela
Published 2026-08-24
Population ageing constitutes one of the most significant structural challenges for the long-term sustainability of public finances in the EU-27. This paper provides a systematic literature review (SLR) following PRISMA guidelines, complemented by a concise bibliometric analysis, of the fiscal consequences of demographic ageing. The review focuses on public revenues, public expenditure, fiscal sustainability, and institutional policy responses. The evidence shows that ageing affects both revenues and expenditures. It reduces labour-based tax bases through declining working-age populations, while increasing pressure on pensions, healthcare, and long-term care (LTC), particularly due to rising dependency at advanced ages. However, the fiscal impact of ageing is not uniform. It depends on the interaction between exogenous demographic trends and endogenous institutional factors, including labour-market participation, productivity, health status and the design of tax and welfare systems. As a result, similar demographic trajectories may generate different fiscal outcomes across countries. The literature highlights increasing uncertainty in healthcare and LTC expenditure, driven by technological change and morbidity patterns. Effective policy responses require coordinated reforms combining pensions, labour markets, taxation, and health systems, while political-economy constraints remain a key limitation.

When trends and values coexist: Parallel effects of influencer and UGC-based digital social pressure on local skincare purchase intention among young consumers

  • Riska Irawati Maftuha
  • Andika Andika
  • Viant Anggi Saputra
  • AR Hanung Triyono
Published 2026-06-22
This study examines how different forms of digital social pressure relate to young consumers' purchase intentions toward local skincare products in Indonesia. Drawing on the Stimulus–Organism–Response (S–O–R) framework and Consumer Ethnocentrism Theory (CET), the study conceptualizes digital social pressure as arising from two distinct sources: social media influencers (SMI) and user-generated content–based social comparison (UGC-SCOM). It further examines fear of missing out (FoMO) as an affective mechanism and consumer ethnocentrism (CONET) as a value-based orientation associated with purchase intention. Data from a survey of young, digitally active consumers in Indonesia were analyzed using partial least squares structural equation modeling (PLS-SEM). The results show that both SMI and UGC-SCOM are positively associated with purchase intention, both directly and indirectly via FoMO. SMI is more strongly associated with FoMO, whereas UGC-SCOM shows a slightly stronger direct association with purchase intention. The indirect associations via FoMO were significant for both relationships, consistent with a partial mediating mechanism. CONET shows a positive direct association with purchase intention but does not significantly moderate the relationship between FoMO and purchase intention. Overall, the findings indicate that different forms of digital social pressure are associated with purchase intention through parallel evaluative and affective processes rather than through a fully integrated mechanism.

Participation of IFRS Foundation Donors in the Accounting Standard-Setting Process

  • Nur Astri Sari
  • Isnalita Isnalita
Published 2026-08-18
This study examines the participation of IFRS Foundation donors in the accounting standard-setting process. Using a multi-issue/multi-period approach, it analyzes 4,743 comment letters submitted on 16 IASB issues during 2008 to 2021. Participation is measured by frequency and intensity and examined by donor status, donation size, and donation period. The findings show that donors participate more frequently and intensively than non-donors. Within the donor group, major and regular donors also participate more actively than non-major and non-regular donors. Additional stakeholder-group analysis shows that this pattern is not limited to the pooled sample, although its magnitude varies across categories. Longitudinal analyses further indicate that, among non-regular donors, participation does not differ significantly between donation and non-donation periods and is observed before, during, and after donation periods. Overall, the results provide evidence of participation asymmetry in the standard-setting process, with donors often more strongly represented in formal consultations than non-donors. The findings suggest that donor participation reflects stronger pattern of organizational engagement in the IASB’s due process.