CURRICULUM VITAE. 2010: PhD in Economics at the Université Paris Dauphine and ISEG-UL.

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1 5/2016 CURRICULUM VITAE Personal data Name: Sara Paralta Main scientific area of research: Pension and Financial Economics. Other scientific areas of interest: Health Economics, Financial Accounting, Business Simulation, Merger and Acquisitions. Academic degrees 2010: PhD in Economics at the Université Paris Dauphine and ISEG-UL. Thesis title: Longevity and Saving for Retirement. 2002: Master in Monetary and Financial Economics, Instituto Superior de Economia e Gestão (ISEG) Universidade de Lisboa (UL) (Higher Institute of Economics and Management University of Lisbon). Thesis subject: Financing Forms and Financial Sustainability of Old-Age Pensions in Portugal Public and Private Initiatives. 1998: University degree in Economics (4 years), ISCTE, with the grade 14/20. Current Position Since 2010: Assistant Professor at Atlântica University Higher Institution, Portugal. Recent International Teaching activity Master, ISEG/Université Eduardo Mondlane - Maputo, international university cooperation, Portugal/Mozambique Products and Insurance Markets: August Undergraduate course of Management and Economics, Université Paris-Dauphine France Macroeconomics:

2 Teaching activity at Atlântica Graduation in Accounting and Audit Fusões, Acquisições e Reestruturações Empresariais (Merger, Acquisitions and Corporate Reestructuring): 2010/11; 2011/12; 2012/13, 2013/14, 2014/15, 2015/2016. Complementos de Contabilidade Financeira (Advanced Financial Accounting): 2010/11; 2011/12; 2012/13, 2013/14, 2014/15. Simulação Empresarial 1 (Business Simulation): 2011/12; 2012/13, 2013/14, 2014/15, 2015/2016. Complementos de Contabilidade de Gestão (Advanced Management Accounting): 2012/13, 2013/14, 2014/15, 2015/2016. Graduation in Management Contabilidade Financeira Avançada (Advanced Financial Accounting): 2011/12; 2012/13. Introdução à Contabilidade Financeira (Financial Accounting Introduction): 2014/15. Contabilidade Financeira (Financial Accounting: 2015/16). Graduation in Health Management and Marketing and Business Communication Contabilidade Financeira (Financial Accounting): 2011/12, 2013/14, 2015/2016. Contabilidade para a Gestão (Management Accounting): 2015/16. Master in Management Contabilidade Financeira Avançada (Advanced Financial Accounting): 2010/11, 2011/12, 2012/13, 2013/14, 2014/15. Previous Positions 2014: Researcher at CESA / ISEG : Researcher at CIEF (Research Centre of Financial Economics), at ISEG UTL. Enrolled in different projects about accounting rules, insurance, bank sectors and pensions : Ph.D. student at Excellence Eiffel Program, Université Paris-Dauphine (12 months). 2007: Researcher at LEGO, Université Paris-Dauphine (6 months) : Financial Consultant at Financial Department, at ISEG UTL. 2

3 Highlights of Professional Experience December 2000 to September 2004: Financial Adviser and Auditor at Ernst & Young in Portugal and France Developing Valuation Reports, Business Plans, Audits, Due Diligences and conducting numerous feasibility studies and recommendations for customers. Professional Affiliation Member of Ordem dos Contabilistas Certificados (OTOC/OCC) Member of Ordem dos Economistas Member of Instituto dos Actuários Research Projects 2015: Impact of the demographic changes on Health Care Expenditures. 2013: Valuation of the demographic evolution on Social Capacity of Service and Equipment Network. 2012: Business entrepreneurship on Human Health Activities CPP, Portugal. 2008: French Occupational Pension Schemes PSCR, Portugal. 2007: Private Insurance for Old people in France EURIsCO/Legos, Paris-Dauphine University. 2006: Pension Simulations in Portugal CIEF, ISEG. 2005: Life Insurance in Portugal CIEF, ISEG. 2004: Education Accounting system ISEG, Portugal. Research Publications in International Journals with Referee Perception of Efficacy of Social Benefits: Evidence from the European Social Survey. International Journal of Business and Social Science, Vol. 5 No. 11, Accounting Standards and Market Value of Firms with pension plans. International Journal of Business and Social Research, Issue 04, Vol. 11, Presentation of the Recent Retirement Reforms in Portugal - A Structural Reform?, Revue française de Affaires sociales, n. º 1,

4 Conference Proceedings with Referee Paradox of Aging, paper, 28º Congresso Internacional dos Actuários, Paris, Social security reserve funds versus pensions guaranty funds, the Portuguese experience, Conference Ageing: economic and demographic aspects", Université Paris- Dauphine, 7/04/2006. Chapters in Books Aging against Welfare State, "O envelhecimento contra o estado providência". In Os Portugueses e o Estado-Providência. Lisboa: Imprensa de Ciências Sociais, co-author with Ribeiro, F.. (2013). Cluster of Health and wellbeing. Case Studies, O cluster da saúde e bem-estar: uma aposta de futuro. Estudo de casos. Lisboa: Confederação do Comércio e Serviços de Portugal, co-author with Ribeiro, F.; Neto, I.; Sepulveda, A.; Reis, P.. (2012) Books Saving and Consumption Decisions. Life-cycle Theory. (2016). Paralta, S. Discussion papers Development of new job skills in a Knowledge Economy for seniors with diabetes in Europe, forthcoming. Taxing Wages in Portugal: comparative analysis with common member countries to OCDE and EU, forthcoming. The economic burden of diabetes, forthcoming. Market and prices discrimination of private health insurance, Mercado e discriminação de preços nos seguros de saúde privados, Working Paper. Apresentado em CECETI - Centro de Estudos em Ciências Empresariais e das Tecnologias de Informação. Universidade Atlântica. 19 Julho Paralta, S. e Silva, C. Forthcoming Article. Envelhecimento, poupança e sustentabilidade financeira da Segurança Social, Working Paper. Apresentado em Cesnova. Paralta, S. e Silva, C., Forthcoming Article. Paralta, S. et al. (2011) Ageing in European Welfare States, European Network in Aging Studies. Paralta, S. et al. (2010) Do you save enough for your retirement? Household Accumulation in Portugal and France, University Paris-Dauphine. Paralta, S. et al. (2005) An ageing society Portuguese case, Working Paper 2005, Economic Department of ISEG, Instituto Superior de Economia e Gestão, Universidade Técnica de Lisboa. 4

5 Other publications Complementary Pension Regime with or without fiscal incentives?, article, Diário Económico, Recent evolution of the insurance sector in Portugal, article, Revista SAER, Thesis Paralta, S. (2010). Longevity and Saving for Retirement. Ph.D. Thesis, Université Paris Dauphine, ISEG-UTL. Paralta, S. (2002). Financing Forms and Financial Sustainability of Old-Age Pensions in Portugal Public and Private Initiatives. Mater Thesis, ISEG-UTL. Presentations Perception of Efficacy of Social Benefits, Paper presented at the Conference The Welfare State in Portugal in the Age of Austerity, ISEG-UL, 9/05/2014. Market and prices discrimination of private health insurance, Centro de Estudos em Ciências Empresariais e das Tecnologias de Informação (CECETI), Universidade Atlântica, co-authored with Pereira da Silva, C., University Seminar 19/07/2012. Economic Market of active aging, Centro de Estudos em Ciências Empresariais e das Tecnologias de Informação (CECETI), Universidade Atlântica, co-authored with Pereira da Silva, C., University Seminar, 12/05/2012. Social security reserve funds versus pensions guaranty funds, the Portuguese experience, Conference of Social Security and Complementary Pension Regimes Regulation and Supervision of pension funds Lisbon, co-authored with Pereira da Silva, C.. Social security reserve funds versus pensions guaranty funds, the Portuguese experience, Conference on Ageing: economic and demographic aspects, Paris Dauphine University, 7/04/06, co-authored with Pereira da Silva, C.. An ageing society Portuguese case, presented at conference An ageing society, 29/05/05, co-authored with Pereira da Silva, C., Bravo, J., Caiado, J., et al. Master thesis advisor Paulo Soares A Fiscalidade da Familia em Portugal. Mestrado em Gestão da Universidade Atlântica, Universidade Atlântica. 5

6 Other Relevant Short courses attained Energizing Teams for Performance: Liderar as pessoas para a excelência, Católica Lisbon, Business and Economics, Março a Julho de Health in Numbers: Quantitative Methods in Clinical & Public Health Research, Harvard School of Public Health (online course, Oct 2012 until Jan 2013) International Accounting Standards, Ordem dos Técnicos Oficiais de Contas, Lisboa, Health Insurance: Products and Actuarial Models for Pricing and Reserving, APS (21-22 Oct. 2010) University of Essex, Summer School Courses: o o o Panel data Analysis of Panel and Time-Series Cross-Section Data Logit and Probit Models Econometrics Methods with STATA Timberlake and Cemapre, Lisbon (18-20 June 2008) Pensions Funds Ethics and Governance - 7th Meeting on Social Security and Complementary Pensions Systems, CIEF (6 June 2008) First Iberian Congress of Actuaries ISEG, Lisbon (29-31 May 2008) BHPS Training Course using STATA ISER, University of Essex (17-18 April 2008) 6th International Workshop on Pension and Saving: Consequences of Longevity Risks on Pension Systems and Labor Markets Paris (3 April 2008) Portugal in the New Europe - Conselho Económico Social (2004) Profit Testing in Life Assurance APS (2003) LBO, Buy-Out, Mezzanine Ernst & Young (2002) Social Security in Spain, Portugal and Brazil ISEG (2001) Corporate Governance - BVLP Lisbon Stock Exchange (2001) Budget Control - Ordem dos Economistas (2000) 6

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