Reducing choice overload without reducing choices
Previous studies have demonstrated that a multitude of options can lead to choice overload, reducing decision quality. Through controlled experiments,…
Read MoreAmbiguity aversion and household portfolio choice puzzles: Empirical evidence
We test the relation between ambiguity aversion and five household portfolio choice puzzles: non-participation in equities, low allocations to equity,…
Read MoreCorporate post-retirement benefit plans and leverage
This paper shows that defined benefit pension and health care plans are important for firm leverage around the world. While…
Read MoreConsumption, retirement and social security: Evaluating the efficiency of reform that encourages longer careers
This paper proposes and analyzes a Social Security reform in which individuals no longer face the OASI payroll tax after,…
Read MoreTail dependence modeling: Application to Solvency II
This work studies dependence of extreme events between random variables and its implications in insurance Solvency II directive. Crucial concept…
Read MoreCompleteren van het huidige pensioencontract : De gevolgen voor de waardeverdeling over belanghebbenden
Door de crisis is extra duidelijk geworden dat het huidige pensioenstelsel niet meer houdbaar is. Oorzaken hiervan zijn de vergrijzing,…
Read MoreRejoice! In replication
How do education, cognitive skills, cultural and social capital account for intergenerational earnings persistence? Evidence from the Netherlands
This study analyzes four different transmission mechanisms, through which father’s earnings affect son’s earnings: the educational attainment, cognitive skills, the…
Read MoreImmigratie om de krimp te keren
Limburg krimpt, daar schijnt iedereen van overtuigd te zijn. Maar als we goed naar de cijfers kijken, blijkt het beeld…
Read MoreAggregate idiosyncratic volatility
We examine aggregate idiosyncratic volatility in 23 developed equity markets, measured using various methodologies. We find no evidence of upward…
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