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Growth of Asian Pension Assets: Implications for Financial and Capital Markets

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  • Yuwei Hu

Abstract

Pension assets have seen rapid growth world-wide over the past decades, although they suffered large losses during the global financial crisis of 2007–2008. Such growth is notably due to both structural and parametric pension reforms since the 1980s. In the Asian region too, the pension market has steadily expanded. This paper seeks to identify the impact of Asian pension funds on selected key transmission mechanisms from pension reform to financial development. [ADBI Working Paper 360]. URL:[http://www.adbi.org/files/2012.05.31.wp360.growth.asian.pension.assets.pdf].

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  • Yuwei Hu, 2012. "Growth of Asian Pension Assets: Implications for Financial and Capital Markets," Working Papers id:5025, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:5025
    Note: Institutional Papers
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    1. Robert Holzmann, 2013. "Global pension systems and their reform: Worldwide drivers, trends and challenges," International Social Security Review, John Wiley & Sons, vol. 66(2), pages 1-29, April.
    2. Alda, Mercedes, 2017. "The relationship between pension funds and the stock market: Does the aging population of Europe affect it?," International Review of Financial Analysis, Elsevier, vol. 49(C), pages 83-97.
    3. Gazmore Rexhepi & Burim Gashi, 2022. "The Role of Pension Funds on Capital Market Growth in the New EU Member States," Ekonomista, Polskie Towarzystwo Ekonomiczne, issue 4, pages 437-454.
    4. repec:dau:papers:123456789/13629 is not listed on IDEAS
    5. Ling-Ni Boon & Marie Brière & Carole Gresse & Bas J. M. Werker, 2013. "Regulatory Environment and Pension Investment Performance," Post-Print hal-01492619, HAL.
    6. Yilmaz Bayar & Marius Dan Gavriletea & Dan Constantin Danuletiu & Adina Elena Danuletiu & Emre Sakar, 2022. "Pension Funds, Insurance Companies and Stock Market Development: Evidence from Emerging Markets," Mathematics, MDPI, vol. 10(13), pages 1-13, July.
    7. Mercedes Alda, 2019. "Corporate sustainability and institutional shareholders: The pressure of social responsible pension funds on environmental firm practices," Business Strategy and the Environment, Wiley Blackwell, vol. 28(6), pages 1060-1071, September.
    8. Bofelo Warona Mokgadi & Simangaliso Biza-Khupe, 2018. "An Empirical Investigation of the Relationship Between Pension Fund Reforms and Financial Sector Development in Botswana," Journal of Finance and Investment Analysis, SCIENPRESS Ltd, vol. 7(2), pages 1-3.
    9. Babalos, Vassilios & Stavroyiannis, Stavros, 2020. "Pension funds and stock market development in OECD countries: Novel evidence from a panel VAR," Finance Research Letters, Elsevier, vol. 34(C).

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