Work

Pension Funds and National Saving

Year: 2004

Type: report

Abstract: The authors conduct an empirical study on the effect of the accumulation of pension fund financial assets, on national saving, using a panel of 43 industrial, and developing countries. The authors find evidence suggesting that the accumulation of pension fund financial assets might increase national saving, when these funds are the result of a mandatory pension program. By contrast, national saving might be unaffected, when pension funds are the result of a public program, implemented to foster voluntary pension saving.

Source: World Bank, Washington, DC eBooks

DOI: 10.1596/1813-9450-3410

Authors: Pablo Lopez Murphy, Alberto R. Musalem

Institution: World Bank

Language: English

Topic: Financial Literacy, Pension, Retirement Analysis

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

OpenAlex ID: W1514859317

Cites: 17

Cited by: 39

Related to: 10