Population Ageing and the International Capital Market
This paper analyses the effects of ageing on the international capital market. The first part applies a simple model and…
Read MoreBribery and efficiency
In this paper we experimentally test two questions about bribery. The first question is whether there is more bribery in…
Read MoreThe effect of growth and inequality in incomes on health inequality: Theory and empirical evidence from the European panel
Inkomen alleen maakt niet gezond
Correcting the bias in the concentration index when income is grouped
The problem introduced by grouping income data when measuring socioeconomic inequalities in health (and health care) has been highlighted in…
Read MoreHealth and income across the life cycle and generations in Europe
Is macroeconomic announcement news priced?
In this paper, we test whether news contained in macroeconomic announcements is priced in the cross-section of stock returns. When…
Read MoreTime and risk diversification in real estate investments: Assessing the ex post economic value
Welfare gains to long-horizon investors may derive from time diversification that exploits nonzero intertemporal return correlations associated with predictable returns.…
Read MoreMental retirement
Computable stochastic equilibrium models and their use in pension – and ageing research
This paper surveys recent advances in the field of computable general and partial equilibrium models dealing with pension issues that…
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