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https://doi.org/10.1080/1331677X.2015.1022388

Pension reform and capital market development in Central and Eastern European countries

Cosmin Enache
Laura Raisa Miloş
Marius Cristian Miloş

Puni tekst: engleski, pdf (445 KB) str. 75-84 preuzimanja: 183* citiraj
APA 6th Edition
Enache, C., Miloş, L.R. i Miloş, M.C. (2015). Pension reform and capital market development in Central and Eastern European countries. Economic research - Ekonomska istraživanja, 28 (1), 75-84. https://doi.org/10.1080/1331677X.2015.1022388
MLA 8th Edition
Enache, Cosmin, et al. "Pension reform and capital market development in Central and Eastern European countries." Economic research - Ekonomska istraživanja, vol. 28, br. 1, 2015, str. 75-84. https://doi.org/10.1080/1331677X.2015.1022388. Citirano 26.01.2020.
Chicago 17th Edition
Enache, Cosmin, Laura Raisa Miloş i Marius Cristian Miloş. "Pension reform and capital market development in Central and Eastern European countries." Economic research - Ekonomska istraživanja 28, br. 1 (2015): 75-84. https://doi.org/10.1080/1331677X.2015.1022388
Harvard
Enache, C., Miloş, L.R., i Miloş, M.C. (2015). 'Pension reform and capital market development in Central and Eastern European countries', Economic research - Ekonomska istraživanja, 28(1), str. 75-84. https://doi.org/10.1080/1331677X.2015.1022388
Vancouver
Enache C, Miloş LR, Miloş MC. Pension reform and capital market development in Central and Eastern European countries. Economic research - Ekonomska istraživanja [Internet]. 2015 [pristupljeno 26.01.2020.];28(1):75-84. https://doi.org/10.1080/1331677X.2015.1022388
IEEE
C. Enache, L.R. Miloş i M.C. Miloş, "Pension reform and capital market development in Central and Eastern European countries", Economic research - Ekonomska istraživanja, vol.28, br. 1, str. 75-84, 2015. [Online]. https://doi.org/10.1080/1331677X.2015.1022388

Sažetak
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.

Ključne riječi
pension reform; stock market; development; CEE; pension funds

Hrčak ID: 171486

URI
https://hrcak.srce.hr/171486

Posjeta: 274 *