PhD defence: David Pinkus

Thursday, June 29, 2023 - 13:30 to 15:30

PhD defence: David Pinkus

In order to obtain the PhD degree, David Pinkus has submitted his thesis entitled:

Pension Fund Investment

Implications for the Real Economy


An increasing number of countries are instituting funded pension arrangements. This will lead pension funds,
already one of the largest groups of asset owners in the world, to become even more important.
Against this background, this thesis investigates the trading behaviour of Danish pension funds, as well as the
effects of their domestic investments on the productivity and innovation activities of Danish firms. It provides
insights into the impact pension funds can have on the real economy.


Primary Supervisor:
Professor Svend Erik Hougaard Jensen

Department of Economics

Copenhagen Business School


Secondary Supervisors:

Professor Roel Beetsma

Faculty of Economics and Business

University of Amsterdam


Professor with Special Responsibilities Dario Pozzoli

Department of Economics

Copenhagen Business School


Assessment Committee:

Associate Professor Natalia Khorunzhina (Chair)

Department of Economics

Copenhagen Business School


Professor Frederic Warzynski

Faculty of Economics and Business Economics

Aarhus University


Associate Professor Aleksandar Andonov

Amsterdam Business School

University of Amsterdam


The thesis will be available from


The CBS PhD School will host a reception, which will take place immediately after the defence in the
lobby outside PHRs20.

Organised by

CBS PhD School


29 June 2023




Copenhagen Business School
Porcelænshaven 22
2000 Frederiksberg
Room: PHRs20, Råvarebygningen


It will also be possible to attend the defence via Microsoft Teams at the following link:


*Please note in connection with the online defence that the microphone and camera of all
spectators must be turned off!


The page was last edited by: Department of Economics // 06/14/2023