We used administrative micro panel data from the Netherlands to study the wealth effect on the transitions of workers from wage-employment to self-employment. To isolate the causal effect of wealth, we used a pension system reform in 2006 as a quasi-natural experiment. With the onset of the...

We study the displacement effect of mandatory occupational pension saving on private household wealth in the Netherlands, separately for wage-employed and self-employed. We use rich administrative data on (pension) wealth and income and apply a range of identification strategies, from IV...