Search Results - "van Bilsen, Servaas"

Intergenerational Transfers in the New Dutch Pension Contract by van Bilsen, Servaas, Mehlkopf, Roel J., van Stalborch, Stephan

“…This paper measures intergenerational transfers through the solidarity reserve of the newly proposed Dutch occupational pension contract. Our first conclusion…”
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Consumption and Portfolio Choice Under Loss Aversion and Endogenous Updating of the Reference Level by van Bilsen, Servaas, Laeven, Roger J. A., Nijman, Theo E.

“…We explicitly derive and explore the optimal consumption and portfolio policies of a loss-averse individual who endogenously updates his or her reference level…”
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Affordable and adequate annuities with stable payouts: Fantasy or reality? by van Bilsen, Servaas, Linders, Daniël

“…This paper introduces a class of unit-linked annuities that extends existing annuities by allowing portfolio shocks to be gradually absorbed into the annuity…”
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Dynamic consumption and portfolio choice under prospect theory by van Bilsen, Servaas, Laeven, Roger J.A.

“…This paper explicitly derives the optimal dynamic consumption and portfolio choice of an individual with prospect theory preferences. The individual is loss…”
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The Duration Puzzle in Life-Cycle Investment by van Bilsen, Servaas, Boelaars, Ilja A, Bovenberg, A. Lans

“…Abstract By analyzing the portfolio allocations of target date funds (TDFs), we document that the observed durations of TDF portfolios are inconsistent with…”
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