I am an economist born 8-5-1947. I worked in the department of economics at the University of Amsterdam (1977-1986) as well as at the Technical Universities of Delft and Eindhoven teaching building economics.
In 1986 I left the universities and started as head of research of Wereldhave, a diversified real estate company registered at the Amsterdam Stock Exchange. My main task was to research and make pronoses of real estate markets and financial markets (interest rates and exchange rates). At the moment I am working on a study of the relations between the real rate of interest, saving, investment and economic growth. In my opinion real interest rates should be stabilized at about 2,5% in the long run. Today's real interest rates seem far too low. As a result saving rates, investment rates and economic growth rates seem far too low too, while the financial sector seems too big.