We test whether households that face prospective home equity losses during a house price downturn use divorce to shed debt. We study the Dutch context, where qualifying homeowners can buy into a mortgage guarantee scheme that insures the lender against borrower default and transfers the risk to...

We investigate the determinants of trust in one’s pension fund and the effect of trust on the decision to ensure additional pension savings. Our analysis is based on exogenous shocks arising from pension cuts and indexation, and on how these are perceived. These instruments allow identifying...

Investing in housing could be an attractive alternative to privately saving for a pension, definitely so for those who are not obliged to save for an occupational pension, the self-employed for instance. But access to the housing market requires a down payment. Macroprudential measures, such as...