Online Pension Day 2020
We look back on a successful online Pension Day 2020. Researchers presented and discussed more than 30 new Netspar studies. From pension communication to time and risk preferences, investments and health effects. Available papers and presentations can be found via the Program tab.
-
Thursday October 29, 2020
09.30 - 10.30 Session 1a&b: Preferences
Chair: Rogier Potter van Loon (Aegon)
09.30 – 10.00
Measuring risk and time preferences during the emergence of the COVID-19 crisis: relation with the disposition effect
Jorgo Goossens en Marike Knoef (TiU, LU, Netspar) – Paper – Presentation –10.00 – 10.30
The effect of the COVID-19 crisis on economic preferences
Paul Bokern (UM)
Session 1c&d CommunicationChair: Eduard Ponds (APG/TiU)
09.30 – 10.00
Eliciting individuals’ financial decision-making approaches
Thomas Post (UM) – Paper – Presentation –10.00 – 10.30
The size and consistency of the effects of message variations in persuasion: evidence from 1,149 studies of 30 message variations
Hans Hoeken (UU)Session 1e&f Pension Funds
Chair: Rob Alessie (RUG)
09.30 – 10.00
Job insecurity and health: evidence from older european workers
Tim Schwartz (SEO) – Paper – Presentation –10.00 – 10.30
The effects of job loss on health
Joshua Keet (LU) – Paper – Presentation –10.30 - 10.35 5-minute break
10.35 - 11.35 Session 2a&b Data Science
Chair: Jorgo Goossens (TiU)
10.35 – 11.05
Can CEO vocal cues help to predict future firm performance
Zihao Liu (TiU) – Presentation –11.05 – 11.35
Applied data science in the pension industry: a survey and outlook
Seun Adekunle (UM)Session 2c&d Macro Risks
Chair: Pim Kastelein (UvA)
10.35 – 11.05
Assessing climate risk for investment portfolios: an overview for Dutch pension funds
Mathijs van Dijk (RSM) – Paper – Presentation –11.05 – 11.35
Secular stagnation? Growth, asset returns and welfare in the next decades
Raphael Abiry (Goethe University Frankfurt) – Paper – Presentation –Session 2e&f Self-employed
Chair: Henriëtte Prast (TiU)
10.35 – 11.05
Self-employment and early retirement: the moderating role of well-being
Raquel Justo (University of Huelva) – Paper – Presentation –11.05 – 11.35
The demand for simple and flexible retirement products
Pim Koopmans (LU)11.35 - 11.40 5-minute break
11.40 - 12.40 Session 3a&b Consumption
Chair: Thomas Post (UM)
11.40 – 12.10
Consumption and time use responses to unemployment
Eduard Suari (LU) – Paper – Presentation –12.10 – 12.40
Supplementing consumption surveys with unlinkable administrative data: an application to household consumption behaviour in The Netherlands
Pim Kastelein (UvA) – Paper – Presentation –Session 3c&d Disability
Chair: Raun van Ooijen (RUG)
11.40 – 12.10
Disability reform, couples
Tunga Kantarci (TiU) – Paper – Presentation –12.10 – 12.40
Trends in inequalities in disability in Europe between 2002-2017
Jose Rubio-Valverde (Erasmus MC)Session 3e&f Health
Chair: Max van Lent (UL)
11.40 – 12.10
Childhood mental health effects of early-life exposure to a parental job loss
Vahid Moghani (Erasmus School of Economics and Tinbergen Institute) – Presentation –12.10 – 12.40
Educational differences in mortality and hospitalization for Cardiovascular diseases
Govert Bijwaard (NIDI) – Paper – Presentation –12.40 - 13.30 50-minute break
13.30 - 15.00 Session 4a,b&c Optimal pensions
Chair: Raphael Abiry (Goethe University Frankfurt)
13.30 – 14.00
Optimizing the life cycle path of pension premium payments and the pension ambition for the Dutch pension system
Nicoleta Ciurila (CPB)14.00 – 14.30
Optimal collective defined contribution pension schemes
Annick van Ool (UM) – Presentation –14.30 – 15.00
Will PAYG revive?
Ed Westerhout (CPB)Session 4d,e&f Investment policies
Chair: Matteo Bonetti (UM)
13.30 – 14.00
Industry affiliation and the value of portfolio choice
Joachim Inkmann (University of Melbourne) – Paper – Presentation –14.00 – 14.30
Closed-form approximations to optimal investment policies in markets with frictions
Thijs Kamma (UM) – Paper – Presentation –14.30 – 15.00
Robust hedging of long-term investments under interest rate risk and inflation risk
Lieske Coumans (TiU)Session 4g,h&i Behavioural economics
Chair: Max Groneck (RUG)
13.30 – 14.00
Present-biased preferences, retirement planning and demand for commitments
Mario Bernasconi (TiU) – Paper – Presentation –14.00 – 14.30
Matchmaking in pensioenland: welk pensioen past bij welke deelnemer?
Rogier Potter van Loon (Aegon) – Paper – Presentation –14.30 – 15.00
Turning the tide: individual-to-peer behavior gap as endogenous driver of social identification with peers, and its consequences on peer effects
Pieter Verhallen (UM) – Paper –15.00 - 15.05 5-minute break
15.05 - 16.05 Session 5a&b Inequality
Chair: Mathijs van Dijk (RSM)15.05 – 15.35
Do robots increase wealth dispersion?
Yigitcan Karabulut (Frankfurt School of Finance & Management, CEPR) – Paper –15.35 – 16.05
Health inequalities and the progressivity of old-age social insurance programs
Jeroen Van der Vaart (RUG)Session 5c&d Labour Supply
Chair: Raquel Justo (University of Huelva)
15.05 – 15.35
Adaptation or Exploration? Understanding Older Workers’ Plans for Post-Retirement Paid and Volunteer Work
Marleen Damman (NIDI, RU)15.35 – 16.05
The effect of a higher pension age on spousal labor supply
Albert Rutten (TiU) – Paper – Presentation –Session 5e&f Health
Chair: Anne Balter (TiU)
15.05 – 15.35
Variable annuities with financial risk and longevity risk in the decumulation phase of Dutch DC products
Bart Dees (NN) – Paper – Presentation –15.35 – 16.05
Pension fund equity performance: herding does not payoff
Matteo Bonetti (UM) – Paper –16.05 Closing