Stochastic Generational Accounting Applied to Reforms of Dutch Occupational Pensions
25 Pages Posted: 1 Jul 2014
Date Written: May 30, 2014
Abstract
This paper examines stochastic or 'value based' generational accounting as a method to assess the intergenerational redistributive impact of pension reform. The analysis is applied to three policy changes to the regulation of Dutch occupational pensions during the years 2012 and 2013 that mark the transition from defined benefit pensions to 'defined ambition' pension schemes.
Keywords: Pre-funded pension schemes, value-based generational accounting, market valuation, asset pricing, scenario analysis
JEL Classification: G12, G18, G23, H68
Suggested Citation: Suggested Citation
Draper, Nick and Van Ewijk, Casper and Lever, Marcel and Mehlkopf, Roel, Stochastic Generational Accounting Applied to Reforms of Dutch Occupational Pensions (May 30, 2014). Netspar Discussion Paper No. 05/2014-019, Available at SSRN: https://ssrn.com/abstract=2460681 or http://dx.doi.org/10.2139/ssrn.2460681
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.