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  • 标题:SPILLOVER EFFECTS OF PENSION FUNDS ON CAPITAL MARKETS.THE EU-15 COUNTRIES CASE
  • 本地全文:下载
  • 作者:MILOŞ LAURA RAISA
  • 期刊名称:Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
  • 印刷版ISSN:1844-7007
  • 出版年度:2012
  • 期号:4
  • 页码:164-170
  • 语种:English
  • 出版社:Academica Brâncuşi
  • 摘要:The paper aims at providing new empirical evidence for the connection between pension reform and domestic stock market development,in the case of the old member states of European Union.We seek to measure the impact of private pension funds’ assets on the capital market development,using a panel data regression and after controlling for other explanatory variables.As predicted in the literature,the results show a positive connection.
  • 关键词:pension;reform;stock market;EU-15;development
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