Work

The Effects of Pension Funds on Markets Performance: a Review

Year: 2014

Type: article

Abstract: The worldwide reforming process of pension systems triggered by the demographic transition and globalization has led several countries to implement multi‐pillar pension systems and enhance pension funds. For this reason the studies on the effects that pension funds exert on markets performance have been flourishing in the last decades. In this paper, we provide an updated review of the empirical advances in this field of study, with particular focus on the effects that pension funds produce on labour markets, financial markets and economic growth.

Source: Journal of Economic Surveys

DOI: 10.1111/joes.12085

Authors: Ashok Thomas, Luca Spataro

Institution: University of Pisa

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: hybrid

Estimated APC paid: $4,250