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Pension Funds And Capital Market Development
16 references·3 citing·49 second hop
Pension Funds And Capital Market Development (2008)Pension Funds And Capital Market Developm…Sovereign Risk and Secondary Markets (2010)Sovereign Risk and Secondary …The Structural Pension Reform in Chile: Effects, Comparisons with Other Latin American Reforms, and Lessons (2006)The Structural Pension Reform…Old Age Income Support in the 21st century: An International Perspective on Pension Systems and Reform (2005)Old Age Income Support in the…Keeping the Promise of Social Security in Latin America (2004)Keeping the Promise of Social…Managers, investors, and crises: mutual fund strategies in emerging markets (2003)Managers, investors, and cris…Institutional Herding (2003)Institutional HerdingCorporate Governance and the Home Bias (2003)Corporate Governance and the …Conditional performance measurement using portfolio weights: evidence for pension funds (2002)Conditional performance measu…Institutional Investors (2001)Institutional InvestorsFinancial Development and Economic Growth: Views and Agenda (1999)Financial Development and Eco…Pension FundsRetirement-Income Security and Capital Markets: An International Perspective (1998)Pension FundsRetirement-Incom…Stock Market Development and Long-Run Growth (1996)Stock Market Development and …Momentum Investment Strategies, Portfolio Performance, and Herding: A Study of Mutual Fund Behavior (1995)Momentum Investment Strategie…Testing for Short Termism in the UK Stock Market (1993)Testing for Short Termism in …The impact of institutional trading on stock prices (1992)The impact of institutional t…Risk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…Pension funds, capital market development, and macroeconomic variables: Evidence from Jordan (2020)Pension funds, capital market…Pension reform and capital market development in Central and Eastern European countries (2015)Pension reform and capital ma…Latin American Economic Outlook 2008 (2007)Latin American Economic Outlo…Risk, Uncertainty and Profit (1921)Schooling, Experience, and Earnings (1974)Law and Finance (1998)Economic growth in the 1990s: learning from a decade of reform (2005)Lessons from Pension Reform in the Americas (2007)Reforming Pensions (2008)Essays in Positive Economics (1954)Does the Stock Market Overreact? (1985)A Simple Model of Herd Behavior (1992)Risk Taking by Mutual Funds as a Response to Incentives (1997)Investor Psychology and Asset Pricing (2001)The Geography of Investment: Informed Trading and Asset Prices (2001)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Financial Development and Economic Growth: Views and AgendaDepartment of Labor (1941)Finance and the sources of growth (2000)Is the Welfare State Justified? (2007)Reforming pensions: Principles, analytical errors and policy directions (2009)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)On the mechanics of economic development (1988)The World Price of Insider Trading (2002)Finance and Growth: Theory and Evidence (2004)Finance, inequality and the poor (2007)Corporate Ownership Around the World (1999)Investor protection and corporate governance (2000)International asset allocation under regime switching, skew, and kurtosis preferences (2008)International Investment Patterns (2008)Asset Fire Sales and Purchases and the International Transmission of Funding Shocks (2012)Finance and Growth: Schumpeter Might Be Right (1993)FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH: ASSESSING THE EVIDENCE* (1997)Financial development and economic growth: evidence from panel unit root and cointegration tests (2003)The Theory of Economic Development (2003)Does financial liberalization spur growth? (2005)Continuous Auctions and Insider Trading (1985)Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk (2001)Greener Pastures and the Impact of Dynamic Institutional Preferences (2003)Caught on tape: Institutional trading, stock returns, and earnings announcements (2008)Corporate Finance Policies and Social Networks (2016)Rational herding in financial economics (1996)What Makes Investors Trade? (2001)On the Industry Concentration of Actively Managed Equity Mutual Funds (2005)Do occupational pension funds monitor companies in which they hold large stakes? (2000)Optimal management under stochastic interest rates: the case of a protected defined contribution pension fund (2001)Reforming Early Retirement in Europe, Japan and the USA (2006)
this work references cited by second hop

References

  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 1999Financial Development and Economic Growth: Views and Agenda2,978 cited
  • 1992The impact of institutional trading on stock prices2,068 cited
  • 1995Momentum Investment Strategies, Portfolio Performance, and Herding: A Study of Mutual Fund Behavior1,177 cited
  • 1996Stock Market Development and Long-Run Growth1,108 cited
  • 2003Institutional Herding898 cited
  • 2003Corporate Governance and the Home Bias483 cited
  • 2005Old Age Income Support in the 21st century: An International Perspective on Pension Systems and Reform336 cited
  • 1998Pension FundsRetirement-Income Security and Capital Markets: An International Perspective315 cited
  • 2004Keeping the Promise of Social Security in Latin America286 cited
  • 2010Sovereign Risk and Secondary Markets277 cited
  • 2003Managers, investors, and crises: mutual fund strategies in emerging markets257 cited
  • 2002Conditional performance measurement using portfolio weights: evidence for pension funds247 cited
  • 2001Institutional Investors247 cited
  • 1993Testing for Short Termism in the UK Stock Market182 cited

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  • 2006The Structural Pension Reform in Chile: Effects, Comparisons with Other Latin American Reforms, and Lessons126 cited
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    • 2015Pension reform and capital market development in Central and Eastern European countries27 cited
    • 2007Latin American Economic Outlook 200817 cited
    • 2020Pension funds, capital market development, and macroeconomic variables: Evidence from Jordan14 cited