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Life as chairman of Asset | Economics

 

Often, I got questions like: ‘What is it like to be the chairman of Asset | Economics?’ or ‘What does the chairman of Asset | Economics do on a daily base?’. In this article, I will give you more insight in what it is like to be the chairman of Asset | Economics. I will briefly introduce myself before moving on. My name is Peter, I’m 24 years old and already active at Asset | Economics for 4 years now. I have obtained a bachelor degree in Economics and Business Economics, and a master degree in Finance. I have always looked for opportunities to develop myself besides my studies, and that is one of the reasons I have chosen to do a board year. While reading this article, you hopefully get some more insight in what a board year, and especially the position as chairman, brings for me.

“Being part of two boards at the same time can be complicated sometimes, but above all it gives various opportunities to excel and it is lots of fun!”

Let’s start with asking the honest question to yourself: Do you know what the chairman of Asset | Economics or a chairman of a study association in general does on a daily base? I guess most of you do answer this question with a solid ‘no’. I have to admit, before this year I also did not have an exact idea of what it would be like. First of all, it is good to know that the chairman of an Asset department does approximately devotes half of his or her time to tasks for Asset general. For this reason I would like to take you with me in my experiences as chairman of Asset | Economics at one side, and board member of Asset general at the other side. Being part of two boards at the same time can be complicated sometimes, but above all it gives various opportunities to excel and it is lots of fun! 

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The Revival of Dutch Wage Growth

The last couple of years, a number of institutions spoke out on the low wage level in the Netherlands. The Dutch Central bank already indicated a number of times that companies have room to increase wages. This claim is confirmed by the Central Planning Bureau. Even the IMF points out that labor wages are relatively low in the Netherlands.

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This Old Guitar Gently Weeps

As the guitar gods slowly die out, so do their guitars. The annual revenue of Gibson, the company that produced the iconic ‘Les Paul’ guitar, has fallen from $2.1 billion in 2014 to $1.7 billion (Edgers, 2017). Fender, who makes the ‘Stratocaster’, has seen total revenue fall from $675 million to $545 million (Edgers, 2017).

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Behavioural economics with the blink of an eye

Elections across the border or overseas, it seems to be a main topic for discussion. Applying economics to these political contests might then be an unusual approach. Though behavioural economics can help us a lot in explaining why people choose what they choose. The psychology behind our unconscious decision-making can be unravelled and rationalized with certain concepts. Our unconscious works quickly too. In how many seconds do you think you can guess the winner of elections?