Welcome! and thank you for visiting my personal research website!

I am an Assistant Professor in Finance at Maastricht University (the Netherlands)

How do social factors influence investment decisions? That is a key question underlying my research and teaching. My paper “What motivates investors to hold socially responsible mutual funds?” is forthcoming in the Journal of Finance.

Wealthy individuals play an important role in socially responsible investing and philanthropy. I investigated under which circumstances millionaires are more likely to give. The results can be found in the article “Giving behavior of millionaires” published in the Proceedings of the National Academy of Sciences. For a quick introduction into this paper, you can also watch my talk at the Rabo College Day. The paper was recently covered by BBC News.

I am also interested in inequality. My recent projects focus on redistributive preferences of American and Dutch millionaires and on inequalities in happiness between the wealthy and the general population.

I visited the University of California San Diego in 2012, 2013 and 2014, the University of Toulouse in 2013 and the University of California Los Angeles in 2016.

At Maastricht University, I coordinate a Master course on Sustainable Finance.

The Altruism of the Rich and the Poor

Paul Smeets blog

Altruistic behavior is a fascinating topic. On the first hand, it’s something of an evolutionary puzzle as to why an organism would provide benefits to others at an expense to itself. By...
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NWO Veni grant for Paul Smeets

Paul Smeets blog

Paul Smeets has been awarded a research grant from the Netherlands Organisation for Scientific Research (NWO). The Veni grants are for outstanding researchers who have recently earned their PhD, are...
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Donors Likely to Give Less if They Stand to Benefit

Paul Smeets blog

Socially responsible investing allows people to earn a financial return while doing good. But the promise of receiving a personal benefit from a charitable act may actually lower the amount wealthy...
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