Treball fi de màster de: Master's Degree in Specialized Economic Analysis. Curs 2020-2021Directors: Christopher Busch, Luca Gambetti i Hugo RodriguezShocks to the European Central bank’s unconventional monetary policy trigger Dutch pension funds to search for yield: A structural VAR analysis shows that the pension funds reallocate their asset holdings from bonds towards equity and alternatives. The latter suggests the existence of a portfolio rebalancing channel through institutional investors in the euro area. Moreover, we emphasize that the portfolio reallocation induced by monetary policy has increased the overall riskiness of the funds’ investments, which has potentially systemic risk implications. As the Dutch pension sector has evolve...
We study the inter- and intra-generational welfare consequences of alternative pension fund policies...
This paper explores the financialization of pensions in four European welfare states: the United Kin...
Purpose: This study aims to analyze the financial performance of pension funds and their impact on t...
This paper models policy responses to changes in solvency by Dutch occupational pension funds using ...
This paper models policy responses to changes in solvency by Dutch occupational pension funds using ...
American pension funds : an evaluation of the macroeconomic risk The American pension funds system ...
Many pension funds have a mismatch between assets and liabilities, taking more risks than securing l...
The expansion and innovation of financial markets, commonly known as financialisation, is closely li...
This article examines the financial behaviour of Dutch pension funds during 2002-2005, a turbulent p...
The purpose of this paper is to provide a theoretical and empirical presentation of the impact of pe...
We investigate numerically how indexation of funded pensions for inflation can be differentiated acr...
This paper identifies the key factors influencing indexation decisions in turbulent economic times w...
In recent decades, pension fund investment has increased rapidly because of population aging and gro...
Funded social security programs are particularly vulnerable to economic and financial market shocks....
The Dutch pension fund system, considered among the best in the world, successfully combines a first...
We study the inter- and intra-generational welfare consequences of alternative pension fund policies...
This paper explores the financialization of pensions in four European welfare states: the United Kin...
Purpose: This study aims to analyze the financial performance of pension funds and their impact on t...
This paper models policy responses to changes in solvency by Dutch occupational pension funds using ...
This paper models policy responses to changes in solvency by Dutch occupational pension funds using ...
American pension funds : an evaluation of the macroeconomic risk The American pension funds system ...
Many pension funds have a mismatch between assets and liabilities, taking more risks than securing l...
The expansion and innovation of financial markets, commonly known as financialisation, is closely li...
This article examines the financial behaviour of Dutch pension funds during 2002-2005, a turbulent p...
The purpose of this paper is to provide a theoretical and empirical presentation of the impact of pe...
We investigate numerically how indexation of funded pensions for inflation can be differentiated acr...
This paper identifies the key factors influencing indexation decisions in turbulent economic times w...
In recent decades, pension fund investment has increased rapidly because of population aging and gro...
Funded social security programs are particularly vulnerable to economic and financial market shocks....
The Dutch pension fund system, considered among the best in the world, successfully combines a first...
We study the inter- and intra-generational welfare consequences of alternative pension fund policies...
This paper explores the financialization of pensions in four European welfare states: the United Kin...
Purpose: This study aims to analyze the financial performance of pension funds and their impact on t...