Publications

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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December 9, 2013

Financial Shocks and Economic Activity in the Netherlands

An analysis of the effects of financial shocks on economic development in the euro area and the Netherlands in particular.

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October 18, 2012

Social Security and Macroeconomic Risk in General Equilibrium

This paper studies the interaction between macro-economic risk and paygo social security.

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July 3, 2012

Optimal regulation of lumpy investments

In this CPB Discussion Paper we study optimal timing of regulated investment in a real options setting, in which the regulated monopolist has private information on investment costs.

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