ARTICLE

INVESTMENT OF PENSION FUNDS IN DIFFERENT STREAMS EVIDENCE FROM LOW VS HIGH GROWTH ORIENTED OECD COUNTRIES

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05 Pages : 45-60

http://dx.doi.org/10.31703/gssr.2020(V-II).05      10.31703/gssr.2020(V-II).05      Published : Jun 2020

Investment of Pension Funds in Different Streams: Evidence from Low vs. High Growth Oriented OECD Countries

Abstract

    Pension funds pools’ investments have an impact on its growth. These investments can be either in equity stock, bonds, deposits, or in other miscellaneous assets that can generate different results with the involvement of some endogenous factors such as rate of return, inflation etc. To bring out the core investment factors determining pension fund growth, a stepwise regression technique was used on a dynamic panel data model. Moreover, to check the individual significance of the included variables in the model progressively, R2-change was observed. This study has found that the investment factors behave positively in high growth-oriented OECD economies and have a negative impact in low growth-oriented countries. Moreover, pension funds growth is slower due to market volatility in low-growth oriented economies. The study helps to know the utilization or investment factors that support the large asset-holding of financial-sector of OECD economies.

    (1) Arslan Qayyum
    Assistant Professor, Department of Management Sciences, Institute of Business Management (IOBM), Karachi, Pakistan.
    (2) Aniqa Arslan
    Assistant Professor, Department of Management Sciences, Shaheed Benazir Bhutto University, Karachi, Pakistan.
    (3) Kanwal Iqbal Khan
    Assistant Professor, Institute of Business & Management, University of Engineering and Technology, Lahore, Punjab, Pakistan.
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Cite this article

APA

    APA : Qayyum, A., Arslan, A., & Khan, K. I. (2020). Investment of Pension Funds in Different Streams: Evidence from Low vs. High Growth Oriented OECD Countries. Global Social Sciences Review, V(II), 45-60. https://doi.org/10.31703/gssr.2020(V-II).05

CHICAGO

    CHICAGO : Qayyum, Arslan, Aniqa Arslan, and Kanwal Iqbal Khan. 2020. "Investment of Pension Funds in Different Streams: Evidence from Low vs. High Growth Oriented OECD Countries." Global Social Sciences Review, V (II): 45-60 doi: 10.31703/gssr.2020(V-II).05

HARVARD

    HARVARD : QAYYUM, A., ARSLAN, A. & KHAN, K. I. 2020. Investment of Pension Funds in Different Streams: Evidence from Low vs. High Growth Oriented OECD Countries. Global Social Sciences Review, V, 45-60.

MHRA

    MHRA : Qayyum, Arslan, Aniqa Arslan, and Kanwal Iqbal Khan. 2020. "Investment of Pension Funds in Different Streams: Evidence from Low vs. High Growth Oriented OECD Countries." Global Social Sciences Review, V: 45-60

MLA

    MLA : Qayyum, Arslan, Aniqa Arslan, and Kanwal Iqbal Khan. "Investment of Pension Funds in Different Streams: Evidence from Low vs. High Growth Oriented OECD Countries." Global Social Sciences Review, V.II (2020): 45-60 Print.

OXFORD

    OXFORD : Qayyum, Arslan, Arslan, Aniqa, and Khan, Kanwal Iqbal (2020), "Investment of Pension Funds in Different Streams: Evidence from Low vs. High Growth Oriented OECD Countries", Global Social Sciences Review, V (II), 45-60

TURABIAN

    TURABIAN : Qayyum, Arslan, Aniqa Arslan, and Kanwal Iqbal Khan. "Investment of Pension Funds in Different Streams: Evidence from Low vs. High Growth Oriented OECD Countries." Global Social Sciences Review V, no. II (2020): 45-60. https://doi.org/10.31703/gssr.2020(V-II).05