Do pension funds provide financial stability? Evidence from European Union countries

We investigate the relationship between pension funds and financial stability in 25 European Union countries for the period from 2001–2017. We find that pension funds significantly reduce financial stress in crisis and non-crisis times but only in strong governance countries, and those governed by t...

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Veröffentlicht in:Journal of financial services research 2024-12, Vol.66 (3), p.297-328
Hauptverfasser: Peksevim, Seda, Ercan, Metin
Format: Artikel
Sprache:eng
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