Demographic shifts and their consequences for the investment funds in the EU
Solid theoretical reasons exist for the link between demographics and various economic, financial and social indicators. The aim of this article is to assess the influence of demographic shifts on investment fund flows in the EU from 1996 to 2013. In order to achieve this aim, a fixed effects model...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Vilnius University Press
2015-01-01
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| Series: | Ekonomika |
| Subjects: | |
| Online Access: | https://www.journals.vu.lt/ekonomika/article/view/8785 |
| _version_ | 1818335660420890624 |
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| author | Gindra Kasnauskienė Karol Michnevič |
| author_facet | Gindra Kasnauskienė Karol Michnevič |
| author_sort | Gindra Kasnauskienė |
| collection | DOAJ |
| description | Solid theoretical reasons exist for the link between demographics and various economic, financial and social indicators. The aim of this article is to assess the influence of demographic shifts on investment fund flows in the EU from 1996 to 2013. In order to achieve this aim, a fixed effects model is constructed via panel regression and used to test the hypothesis as well as to derive conclusions. The authors hypothesise the presence of a statistically significant non-linear effect of demographic age shares on investment fund flows. The results are juxtaposed with a prior comparable research. This article is expected to benefit the financial sector and to provide guidance to market regulators. |
| first_indexed | 2024-12-13T14:26:57Z |
| format | Article |
| id | doaj.art-81aa4c7d09504f6a8af2487471a1bbe5 |
| institution | Directory Open Access Journal |
| issn | 1392-1258 2424-6166 |
| language | English |
| last_indexed | 2024-12-13T14:26:57Z |
| publishDate | 2015-01-01 |
| publisher | Vilnius University Press |
| record_format | Article |
| series | Ekonomika |
| spelling | doaj.art-81aa4c7d09504f6a8af2487471a1bbe52022-12-21T23:41:55ZengVilnius University PressEkonomika1392-12582424-61662015-01-0194310.15388/Ekon.2015.3.8785Demographic shifts and their consequences for the investment funds in the EUGindra KasnauskienėKarol MichnevičSolid theoretical reasons exist for the link between demographics and various economic, financial and social indicators. The aim of this article is to assess the influence of demographic shifts on investment fund flows in the EU from 1996 to 2013. In order to achieve this aim, a fixed effects model is constructed via panel regression and used to test the hypothesis as well as to derive conclusions. The authors hypothesise the presence of a statistically significant non-linear effect of demographic age shares on investment fund flows. The results are juxtaposed with a prior comparable research. This article is expected to benefit the financial sector and to provide guidance to market regulators.https://www.journals.vu.lt/ekonomika/article/view/8785demographic trendslife-cycle hypothesisinvestment fundsageing |
| spellingShingle | Gindra Kasnauskienė Karol Michnevič Demographic shifts and their consequences for the investment funds in the EU Ekonomika demographic trends life-cycle hypothesis investment funds ageing |
| title | Demographic shifts and their consequences for the investment funds in the EU |
| title_full | Demographic shifts and their consequences for the investment funds in the EU |
| title_fullStr | Demographic shifts and their consequences for the investment funds in the EU |
| title_full_unstemmed | Demographic shifts and their consequences for the investment funds in the EU |
| title_short | Demographic shifts and their consequences for the investment funds in the EU |
| title_sort | demographic shifts and their consequences for the investment funds in the eu |
| topic | demographic trends life-cycle hypothesis investment funds ageing |
| url | https://www.journals.vu.lt/ekonomika/article/view/8785 |
| work_keys_str_mv | AT gindrakasnauskiene demographicshiftsandtheirconsequencesfortheinvestmentfundsintheeu AT karolmichnevic demographicshiftsandtheirconsequencesfortheinvestmentfundsintheeu |