Frequent, yet uninformed, market timing recommendations by a financial advisory firm
generate significant flows for Chilean pension funds. These flows give rise to substantial …

Chile implemented large pension withdrawals during the pandemic relative to other
countries. Afterwards, Chile increased non-contributory benefits in a quasi-universal …

Abstract In July 2020, the Chilean Congress made an unexpected modification to the
Constitution, allowing workers to take their mandatory pension savings for the first time since …

This article examines premature withdrawals from pension funds that were initiated as
responses to the COVID-19 pandemic. It looks at withdrawal programmes both in emerging …

Pension systems increasingly require active involvement from their participants for
retirement planning. This leads to the need for a proper level of financial literacy to foster …

Chile implemented large pension withdrawals during the Covid pandemic. Afterwards, Chile
increased non-contributory benefits in a quasi-universal scheme. Simulating future …

During the pandemic, Australia allowed the withdrawal of A $20,000 from mandatory
retirement accounts (ordinarily inaccessible until retirement), forecasted to cost the modal …

I thank Leiden University for providing me the opportunity to work for the Economics
department. Performing research at and interacting with the department allowed me to …

The papers in this 20th Anniversary Special Issue reflect to a large extent how the fields of
pension economics and pension finance have developed in the past two decades, although …

Leveraging detailed private banking data from Chile, this study examines the marginal
propensity to consume over a liquidity shock (MP C∆ L) and marginal propensity to repay …