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How people reactto pension risk

Nicolás Salamanca (University of Melbourne, ARC Centre of Excellence for Children and Families over the Life Course and IZA), Andries de Grip (ROA, IZA and Netspar), Olaf Sleijpen (Maastricht University and De Nederlandsche Bank) ; IZA Institute of Labor Economics

We show that people exposed to greater pension risk are less likely to invest in risky assets. We exploit a reform that links people's future pension benefits to their pension funds' funding ratio - a measure of the fund's financial health - making funding ratios a fund-specific measu...

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Bibliographic details
Volume: no. 13077
Main Author: Salamanca, Nicolás
Grip, Andries ¬de
Sleijpen, Olaf C. H. M
Format: eBook
Language: English
Related: Forschungsinstitut zur Zukunft der Arbeit ¬[Herausgebendes Organ]
Ort : Verlag : ErscheinungsdatumBonn, Germany : IZA Institute of Labor Economics : March 2020
Erscheinungsort: (Ort)Bonn
Extent: 1 Online-Ressource (37 Seiten) : Diagramme
Umfang: (Dateityp; Kodierungsformat)Textdatei; PDF
Series: Discussion paper series / IZA Institute of Labor Economics ; no. 13077
Links: Fulltext
HBZ-ID: HT020423343 » further libraries in North Rhine-Westphalia
Database: ULB Bonn