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http://bura.brunel.ac.uk/handle/2438/8277
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DC Field | Value | Language |
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dc.contributor.author | Hu, Y-W | - |
dc.date.accessioned | 2014-04-08T15:15:57Z | - |
dc.date.available | 2014-04-08T15:15:57Z | - |
dc.date.issued | 2008 | - |
dc.identifier.citation | Journal of Pension Economics & Finance, 7(2), 221 - 249, 2008 | en_US |
dc.identifier.issn | 1474-7472 | - |
dc.identifier.uri | http://journals.cambridge.org/action/displayAbstract?fromPage=online&aid=1918200 | en |
dc.identifier.uri | http://bura.brunel.ac.uk/handle/2438/8277 | - |
dc.description | Copyright © 2008 Cambridge University Press. | en_US |
dc.description.abstract | Debate over superiority of pension funding over pay-as-you-go links notably to the question whether funding improves economic performance sufficiently to generate additional resources to meet the needs of an ageing population. To address this issue, we design a modified Cobb–Douglas production function with pension assets as a shift factor, and investigate the direct link between pension assets and economic growth employing a dataset covering up to 38 countries, using a variety of appropriate econometric methods. We find positive results for both OECD countries and Emerging Market Economies (EMEs), with consistent evidence for a larger effect for EMEs than OECD countries. | en_US |
dc.language | English | - |
dc.language.iso | en | en_US |
dc.publisher | Cambridge University Press | en_US |
dc.subject | Pensions | en_US |
dc.subject | Pension funding | en_US |
dc.subject | Economic growth | en_US |
dc.subject | Pension assets | en_US |
dc.title | Does funding of pensions stimulate economic growth? | en_US |
dc.type | Article | en_US |
dc.identifier.doi | http://dx.doi.org/10.1017/S1474747208003545 | - |
pubs.organisational-data | /Brunel | - |
pubs.organisational-data | /Brunel/Administration and Support Staff | - |
pubs.organisational-data | /Brunel/Administration and Support Staff/Administration and Support Staff | - |
pubs.organisational-data | /Brunel/Brunel Active Staff | - |
pubs.organisational-data | /Brunel/Brunel Active Staff/School of Social Sciences | - |
pubs.organisational-data | /Brunel/Brunel Active Staff/School of Social Sciences/Economics and Finance | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/Brunel Business School - URCs and Groups | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/Brunel Business School - URCs and Groups/Centre for Research into Entrepreneurship, International Business and Innovation in Emerging Markets | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Arts - URCs and Groups | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Arts - URCs and Groups/Brunel Centre for Contemporary Writing | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Health Sciences and Social Care - URCs and Groups | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Health Sciences and Social Care - URCs and Groups/Brunel Institute for Ageing Studies | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Health Sciences and Social Care - URCs and Groups/Brunel Institute of Cancer Genetics and Pharmacogenomics | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Health Sciences and Social Care - URCs and Groups/Centre for Systems and Synthetic Biology | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Information Systems, Computing and Mathematics - URCs and Groups | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Information Systems, Computing and Mathematics - URCs and Groups/Multidisclipary Assessment of Technology Centre for Healthcare (MATCH) | - |
Appears in Collections: | Economics and Finance Publications Dept of Economics and Finance Research Papers |
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Fulltext.pdf | 328.98 kB | Adobe PDF | View/Open |
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