Portfolio effects of the Fornero reform

Rocchi, Martina (A.A. 2022/2023) Portfolio effects of the Fornero reform. Tesi di Laurea in Advanced financial economics, Luiss Guido Carli, relatore Luigi Guiso, pp. 64. [Master's Degree Thesis]

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Abstract/Index

Conceptual framework. The impact of pension reform raising the minimum retirement age on savings. The portfolio effects of pension reforms increasing human wealth. Institutional background. The Italian pension system. The Fornero reform. Empirical analysis. Data and sample. The treatment variable: constructing the Fornero shock. Descriptive statistics: repeated cross-sections. Specifications. Identifying assumption. Results. Expected human wealth. Saving rates and saving ratios. Portfolio effects. Women. Robustness checks. Panel analysis. Household-level Fornero shocks.

References

Bibliografia: pp. 42-44.

Thesis Type: Master's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Master's Degree Programs > Master's Degree Program in Economics and Finance (LM-56)
Chair: Advanced financial economics
Thesis Supervisor: Guiso, Luigi
Thesis Co-Supervisor: Zaccaria, Luana
Academic Year: 2022/2023
Session: Summer
Deposited by: Alessandro Perfetti
Date Deposited: 09 Jan 2024 14:38
Last Modified: 09 Jan 2024 14:38
URI: https://tesi.luiss.it/id/eprint/37437

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