Online Pension Day 2020

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 Communication

Chair: 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 –

5-minute break

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)

5-minute break

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 –

50-minute break

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 – 

5-minute break

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 –

Closing