Pension funds and capital market development in Africa: The role of institutional quality
Cogent Economics & Finance, 2023 This study investigates the effect of pension funds (PF) and institutional quality (IQ) on capital market development in 48 African countries. Using a system GMM regression, the study found that the interaction between PF and IQ significantly negatively ...
Kathryn A.A.O Assefuah +3 more
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Does the reform of the phased reduction of the pension insurance contribution rate benefit the labor income share of enterprises? [PDF]
Frontiers in Public HealthIntroductionThis paper develops a theoretical model to clarify the mechanisms by which pension insurance contribution rate affects the labor income share of enterprises and conducts empirical validation.MethodsUtilizing a difference-in-differences ...
Chengqiang Dou, Ying Liu
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Pension reform and capital market development in Central and Eastern European countries
Economic Research-Ekonomska Istrazivanja, 2015 The paper provides new empirical evidence for the connection between pension reform and capital market development using a sample of ten Central and Eastern European countries.
Cosmin Enache, Laura Raisa Miloš
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“Pension capital” in representations of large cities residents: the experience of sociological analysis [PDF]
SHS Web of Conferences, 2021 The article discusses the possibility of applying the theories of human and social capital to the sociological study of “pension capital”. The authors methodologically substantiate that “pension social capital” in modern Russia already has certain ...
Vlasova O.I. +2 more
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Aging, Pension Reform, and Capital Flows: [PDF]
, 2004 We present a quantitative analysis of the effects of population aging and pension reform on international capital markets. First, demographic change alters the time path of aggregate savings within each country. Second, this process may be amplified when
Börsch-Supan, Axel +2 more
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Pension Risk and the Sustainable Cost of Capital
Journal of Risk and Financial ManagementThe consistent recognition of both explicit short term and implicit long term elements of post-retirement contracts between employees and the firm can have a significant implication for estimating a firms long term sustainable cost of capital. In this paper, we show that the significant levels of investment in company own stock by pension and post ...
Paul Klumpes
exaly +3 more sources
Funded-capitalized pension designs and the demand for minimum pension guarantee [PDF]
Public and Municipal Finance, 2021 Using funded and unfunded pillars, the optimal pension structure is estimated using an over-lapping generation model, calibrated to the average OECD countries. While simulating different pillar sizes, a socio-economic characteristic was revealed in which low-earning groups are prone to unexpected market risks than high-earning cohorts and support a ...
Ishay Wolf +1 more
openaire +4 more sources
Creating French-style pension funds: Business, labour and the battle over patient capital
Journal of European Social Policy, 2016 Marek Naczyk
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Analysis And Prospects Of Private Pension Funds In Russia
Vestnik MGIMO-Universiteta, 2014 The article under the title "Analysis and prospects of private pension funds in Russia" deals with the pension system of the Russian Federation and the problems that the private pension funds will be facing with the introduction of the new pension reform.
Alexey Pudovkin
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Pension Fund Investments and Capital Market Development in Nigeria: The Moderating Role of Inflation
Global Journal of Emerging Market Economies, 2023 Pension fund investment is a significant source of finance for the capital market in Nigeria. It increases the availability of funds for firms to acquire for expansion, stimulating economic growth and development. However, high inflation rates can have a
Hyeladi Stanley Dibal +4 more
semanticscholar +1 more source