Abstract
The main topic of this dissertation is the effect of aging on pension systems. The first chapter serves as an introduction. Chapters 2, 3 and 4 analyze the effect of aging on intergenerational risk sharing, public pension expenditure, and the asset allocation of pension funds respectively. Chapter 5 shows how a pension fund can improve participants' welfare by facilitating financial transactions between generations. Chapter 6 is more general and focuses on the politics of reforms of welfare programs, including pension reforms. Finally, the seventh chapter is not related to pensions; it analyzes the association between media coverage and consumer confidence.
Original language | English |
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Qualification | Doctor of Philosophy |
Awarding Institution |
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Supervisors/Advisors |
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Award date | 20 Jun 2012 |
Place of Publication | Tilburg |
Publisher | |
Print ISBNs | 9789056683153 |
Publication status | Published - 2012 |