Date: Tuesday, June 20, 2023 12:00 PM
Location: Temple University, Japan Campus (Access) 1-14-29 Taishido, Setagaya-ku, Tokyo, Japan 154-0004


  • Naomi Fink (Europacifica Consulting)


  • Robert Dujarric, ICAS Co-Director


A theoretical Framework on Inflation and Retirement:

Improvements in longevity as well as declining fertility rates have led to an aging demographic across developed nations. These tendencies, alongside several decades of low inflation have led to shifts in pension and retirement policies across developed nations. It goes without saying that Retirement security remains a shared concern, one that has heightened as inflation has returned to the global landscape, adding further uncertainty to the financial security of retirees. From a policy perspective, monetary policy is the most blunt tool within the macroeconomic toolkit whereas retirement has increasingly become a household-level savings, investment and decumulation problem. Given the dependency of policy on inflation expectations and that of inflation expectations on household-level decision-making, we present elements of an incipient framework that may be used to integrate household and firm-level decision making into the contemporary macroeconomic policy toolkit.

Date & Time:

Tuesday, June 20, 2023 12:00


Temple University, Japan Campus Room 401 (Access)


Registration is not required (For questions e-mail to


This event is organized by the Institute of Contemporary Asian Studies (ICAS).

Note: All ICAS events are held in English, open to the public, and admission is free unless otherwise noted.


Naomi Fink

Europacifica Consulting

Speaker1 is high-profile economist, currently serving as Chairperson of the Retirement Security Research Center at the Employee Benefit Research Institute in Washington DC and CEO and Founder of Europacifica Consulting. Naomi has over 25 years of financial industry experience across asset classes, sectors, and geographies. Most recently, Naomi spent six years leading economic research on retirement-related topics, including savings, investment, income, demographics, and health with The Capital Group. In 2013, Naomi founded Europacifica Consulting, a Los Angeles based global economic and strategy consultancy. Prior to founding Europacifica, Naomi held the position of chief Japan Strategist and Senior Vice President at Jefferies Japan Limited. Before that, Ms. Fink held chief strategist roles across a variety of markets and asset classes at global banks, including Bank of Tokyo Mitsubishi UFJ and BNP Paribas. Ms. Fink holds an MSc in Specialized Economic Analysis (Macroeconomic Policy and Financial Markets) from Barcelona GSE, an M.A. Honours from the University of St. Andrews, and was nominated to the Japan Society of Monetary Economics in 2014. Naomi is also an FRM charter-holder and fellow of Coro’s Women in Leadership program, a Board member of Coro Southern California and of the National Association of Business Economics (LA Chapter). Naomi is fluent in Japanese, French and Spanish.

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