Pension funds and financialisation in the European Union

The expansion and innovation of financial markets, commonly known as financialisation, is closely linked to the growth of pension funds. While the conventional narrative is based on the notion of financial development as a positive change, this paperargues that pension funds may induce demand-led pr...

ver descrição completa

Detalhes bibliográficos
Autores: Bonizzi, Bruno, Churchill, Jennifer
Formato: artículo
Fecha de publicación:2017
País:España
Recursos:Universidad de Huelva (UHU)
Repositorio:Arias Montano. Repositorio Institucional de la Universidad de Huelva
Idioma:inglés
OAI Identifier:oai:ariasmontano.uhu.es:10272/14075
Acesso em linha:http://hdl.handle.net/10272/14075
Access Level:acceso abierto
Palavra-chave:Pension funds
Risk
Financial innovation
Alternative assets
Financialisation
Fondos de pensiones
Riesgo
Innovación financiera
Activos alternativos
Financiarización
id ES_be3f0e06a73dd6c8d0c34a59c6051ff3
oai_identifier_str oai:ariasmontano.uhu.es:10272/14075
network_acronym_str ES
network_name_str España
repository_id_str
spelling Pension funds and financialisation in the European UnionFondos de pensiones y financiarización en la Unión EuropeaBonizzi, BrunoChurchill, JenniferPension fundsRiskFinancial innovationAlternative assetsFinancialisationFondos de pensionesRiesgoInnovación financieraActivos alternativosFinanciarizaciónThe expansion and innovation of financial markets, commonly known as financialisation, is closely linked to the growth of pension funds. While the conventional narrative is based on the notion of financial development as a positive change, this paperargues that pension funds may induce demand-led pressures on the financial system, generating potencial for systemic risk and instability. The rise of pension funds is therefore important for the process of financialisation, as these institutions` demand for assets continuously sparks growth and innovation in financial markets.Universidad de Huelva20172017-01-0120172017-01-01journal articlehttp://purl.org/coar/resource_type/c_6501info:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10272/14075reponame:Arias Montano. Repositorio Institucional de la Universidad de Huelvainstname:Universidad de Huelva (UHU)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2Atribución-NoComercial-SinDerivadas 3.0 Españahttp://creativecommons.org/licenses/by-nc-nd/3.0/es/info:eu-repo/semantics/openAccessoai:ariasmontano.uhu.es:10272/140752026-06-02T14:58:11Z
dc.title.none.fl_str_mv Pension funds and financialisation in the European Union
Fondos de pensiones y financiarización en la Unión Europea
title Pension funds and financialisation in the European Union
spellingShingle Pension funds and financialisation in the European Union
Bonizzi, Bruno
Pension funds
Risk
Financial innovation
Alternative assets
Financialisation
Fondos de pensiones
Riesgo
Innovación financiera
Activos alternativos
Financiarización
title_short Pension funds and financialisation in the European Union
title_full Pension funds and financialisation in the European Union
title_fullStr Pension funds and financialisation in the European Union
title_full_unstemmed Pension funds and financialisation in the European Union
title_sort Pension funds and financialisation in the European Union
dc.creator.none.fl_str_mv Bonizzi, Bruno
Churchill, Jennifer
author Bonizzi, Bruno
author_facet Bonizzi, Bruno
Churchill, Jennifer
author_role author
author2 Churchill, Jennifer
author2_role author
dc.contributor.none.fl_str_mv
dc.subject.none.fl_str_mv Pension funds
Risk
Financial innovation
Alternative assets
Financialisation
Fondos de pensiones
Riesgo
Innovación financiera
Activos alternativos
Financiarización
topic Pension funds
Risk
Financial innovation
Alternative assets
Financialisation
Fondos de pensiones
Riesgo
Innovación financiera
Activos alternativos
Financiarización
description The expansion and innovation of financial markets, commonly known as financialisation, is closely linked to the growth of pension funds. While the conventional narrative is based on the notion of financial development as a positive change, this paperargues that pension funds may induce demand-led pressures on the financial system, generating potencial for systemic risk and instability. The rise of pension funds is therefore important for the process of financialisation, as these institutions` demand for assets continuously sparks growth and innovation in financial markets.
publishDate 2017
dc.date.none.fl_str_mv 2017
2017-01-01
2017
2017-01-01
dc.type.none.fl_str_mv journal article
http://purl.org/coar/resource_type/c_6501
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv http://hdl.handle.net/10272/14075
url http://hdl.handle.net/10272/14075
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
Atribución-NoComercial-SinDerivadas 3.0 España
http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
Atribución-NoComercial-SinDerivadas 3.0 España
http://creativecommons.org/licenses/by-nc-nd/3.0/es/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidad de Huelva
publisher.none.fl_str_mv Universidad de Huelva
dc.source.none.fl_str_mv reponame:Arias Montano. Repositorio Institucional de la Universidad de Huelva
instname:Universidad de Huelva (UHU)
instname_str Universidad de Huelva (UHU)
reponame_str Arias Montano. Repositorio Institucional de la Universidad de Huelva
collection Arias Montano. Repositorio Institucional de la Universidad de Huelva
repository.name.fl_str_mv
repository.mail.fl_str_mv
_version_ 1869418269628170240
score 15,812455