Pension reform and capital market development in Central and Eastern European countries
Bibliographic Data
| ID | 15067633 |
|---|---|
| Authors | Cosmin Enache (0009-0005-3625-3901, West University of Timişoara), Laura Raisa Miloş (0000-0001-7386-5329, University "Eftimie Murgu" of Reşiţa, corresponding author), Marius Cristian Miloş (0000-0001-9973-6322, University "Eftimie Murgu" of Reşiţa) |
| Year | 2015 |
| Volume | 28 |
| Issue | 1 |
| Pages | 75-84 |
| Publication date | 2015-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economic Research-Ekonomska Istraživanja (JOURNAL) |
| Journal identifiers | ISSN: 1331-677X • E-ISSN: 1848-9664 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/1331677x.2015.1022388 |
| OpenAlex | W2091055607 |
| Language | EN |
| Citations received | 4 |
| References cited | 8 |
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. Using a single equation Error Correction Model, the results confirm the existence of a strong positive short-term effect, as well as a lower magnitude positive long-term effect of the pension funds’ assets on the market capitalisation
Capital market · Cointegration · Econometrics · Economics · Error correction model · Geography · Monetary economics · Pension · Financial Literacy, Pension, Retirement Analysis · Fiscal Policy and Economic Growth · Insurance, Mortality, Demography, Risk Management · Finance
| Citations per year | 0.67 |
|---|---|
| Citation span | 2020 - 2025 (6) |
| Highly cited | No |