Publications

March 24, 2017

The role of inflation-linked bonds

The market for inflation-linked bonds (ILBs) is growing, but still small when compared to the market for nominal bonds. This paper raises the question why governments do not rely more on ILBs to finance their public debts?

October 20, 2014

Collective versus Individual Pension Schemes: a Welfare-Theoretical Perspective

This paper explores the welfare effects of a number of collective pension contracts, distinguishing between the two welfare effects.

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