We welcomed Roel Beetsma in our second webinar
We welcomed Roel Beetsma (Dean and Professor of Macroeconomics at the University of Amsterdam) in our second webinar. He presented his recent study titled: 'Do Pension Fund Investments Make a Difference? Effects on Firm Productivity'.
- The study suggests that pension funds raise firms’ productivity by investing in their equity.
- On average, an increase of 1 percentage point in pension fund investment is associated with a total factor productivity increase of approximately 0.3%.
- The effects are larger for unlisted firms.
You can find the study here: https://lnkd.in/dNF4YcnU