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.
|Qualification||Doctor of Philosophy|
|Award date||20 Jun 2012|
|Place of Publication||Tilburg|
|Publication status||Published - 2012|