Narrow search
Showing 1 - 10 of 89
Cover Image
Private Versus Public Risk Sharing : Should Governments Provide Reinsurance
Bohn, Henning - 2011
The paper examines alternative arrangements for intergenerational risk sharing in a small open economy subject to macroeconomic disturbances. Under certain conditions, private pension funds can provide substantial risk sharing across generations. Private risk sharing alleviates the burden on...
Persistent link: https://www.econbiz.de/10013127522
Cover Image
Partial Coercion, Conditional Cooperation, and Self-Commitment in Voluntary Contributions to Public Goods
Cettolin, Elena - 2012
In this paper we experimentally investigate whether partial coercion can in combination with conditional cooperation increase contributions to a public good. We are especially interested in the behavior of the non-coerced populations. The main finding is that in our setting conditional...
Persistent link: https://www.econbiz.de/10013111712
Cover Image
Opportunities for Improving Pension Wealth Decumulation in the Netherlands
Brown, Jeffrey R. - 2011
This paper examines policies for the decumulation of pension wealth in the Netherlands. It suggests a design framework … in the Netherlands – and in sharp contrast to most other developed countries – this framework suggests that the welfare … of citizens in the Netherlands might be improved by reducing the level of mandatory annuitization in order to address …
Persistent link: https://www.econbiz.de/10013128760
Cover Image
The Impact of Human Capital on Life-Cycle Portfolio Choice : Evidence for the Netherlands
Minderhoud, Ingmar - 2011
We study the impact of human capital on life-cycle portfolio choice using Dutch data. A distinction is made between the riskless view of human capital as having bond-like characteristics, and the risky conception of future wage income having stock-like properties. As in Benzoni, Collin-Dufresne,...
Persistent link: https://www.econbiz.de/10013129995
Cover Image
Risk Sharing and Individual Lifecycle Investing in Funded Collective Pensions
Ponds, Eduard H.M. - 2011
Netherlands. Dutch pension funds traditionally are strong in organizing intergenerational risk sharing. There is a nationwide …
Persistent link: https://www.econbiz.de/10013130547
Cover Image
The Impact of Scale, Complexity, and Service Quality on the Administrative Costs of Pension Funds – A Cross-Country Comparison
Bikker, Jacob Antoon - 2011
costs across Australia, Canada, the Netherlands, and the US. We find that, except for Canada, large unused economies of …
Persistent link: https://www.econbiz.de/10013132754
Cover Image
Retirement Expectations in the Netherlands
van Soest, Arthur - 2011
We analyze expectations of the Dutch population of ages 25 and older concerning the future generosity of Dutch state and occupational pensions, the two main pillars of the Dutch pension system. Since the summer of 2006, monthly survey data were collected on the expectations of Dutch households...
Persistent link: https://www.econbiz.de/10013133788
Cover Image
Pension Funds’ Asset Allocation and Participant Age : A Test of the Life-Cycle Model
Broeders, Dirk - 2011
This paper examines the impact of participants' age distribution on the asset allocation of Dutch pension funds, using a unique data set of pension fund investment plans for 2007. Theory predicts a negative effect of age on (strategic) equity exposures. We observe that pension funds do indeed...
Persistent link: https://www.econbiz.de/10013134156
Cover Image
Private Wealth and Planned Early Retirement : A Panel Data Analysis for the Netherlands 1994-2009
van Ooijen, Raun - 2010
We study the causal relation between private wealth and retirement age. We propose two estimation strategies based on expected retirement age. The outcome variable is observed repeatedly over time. We correct first for the unobserved heterogeneity in the disutility of work by using panel data...
Persistent link: https://www.econbiz.de/10013134872
Cover Image
Report on the Effect of the Credit Crisis on the Solvency of Dutch Pension Funds and its Economic Consequences
Bonenkamp, Jan - 2010
The credit crisis has reduced the funding ratios of Dutch pension funds to a historical minimum. Pension funds now face two challenges. The first is to timely restore funding ratios to safe levels without jeopardizing labour market conditions that also have worsened because of the crisis. The...
Persistent link: https://www.econbiz.de/10013136983