Presentation – Thomas Grünthaler
RTZ 502 Professor Cobbenhagenlaan 113, TilburgFed Tails: FOMC Announcements and Stock Market Uncertainty
Tilburg University
Fed Tails: FOMC Announcements and Stock Market Uncertainty
Solidarity reserve We examine the reduction of the year on year probability of a pension cut by using the solidarity reserve in the new Dutch pension contract. We find that the use of the solidarity reserve leads to a significant reduction in the probability of a pension cut. The significance of the reduction is determined […]
Comparative Risk Aversion vs. Threshold Choice in the Omega Ratio