eprintid: 56325
rev_number: 8
eprint_status: archive
userid: 12243
dir: disk0/00/05/63/25
datestamp: 2023-02-16 03:27:51
lastmod: 2023-02-16 03:27:51
status_changed: 2023-02-16 03:27:51
type: article
metadata_visibility: show
contact_email: muchti.nurhidaya@uin-suka.ac.id
creators_name: , Mukhammad Yazid Afandi
title: Influence of Capital Markets, Inflation, and Demographics on the
Growth of Pension Fund Assets in the State Organization of Islamic
Cooperation
ispublished: pub
subjects: eko_sya
subjects: eko_uang
divisions: artkl
full_text_status: public
keywords: Pension Fund Assets; Stock Traded; Equity Index; Inflation; Male Labor Force; Female Labor Force; Working-Age;
Retirement Age
abstract: The percentage of pension receipts that is still low is experienced by many developing countries in the continent of
Asia and Africa in terms of providing pension funds for their citizens. This study seeks to analyze the effect of growth in pension
fund assets in OIC member countries. The measurement of the growth of pension fund assets is viewed through the aspects of
the number of stock traded, the equity index, the inflation rate, male labor force participation, female labor force participation,
the working age, and the retirement age. In addition, this study uses a panel data regression analysis method with the period
2010 to 2019. The results show that there are variables of male labor force participation, female labor force participation,
working-age, and retirement age that have a significant effect. Male labor force participation, working-age, and retirement age
have a positive effect on the growth of pension fund assets, while female labor force participation has a negative effect on
pension fund assets. It can be said that the demographic aspects can influence the growth of pension fund assets in OIC member
countries in the period 2010 to 2019.
date: 2021-09
date_type: published
publication: Journal of Economics, Finance and Management Studies
volume: 4
number: 09
publisher: JEFMS Publishes
pagerange: 1644-1654
refereed: TRUE
issn: 2644-0504
citation:   Mukhammad Yazid Afandi  (2021) Influence of Capital Markets, Inflation, and Demographics on the Growth of Pension Fund Assets in the State Organization of Islamic Cooperation.  Journal of Economics, Finance and Management Studies, 4 (09).  pp. 1644-1654.  ISSN 2644-0504     
document_url: https://digilib.uin-suka.ac.id/id/eprint/56325/1/Influence%20of%20Capital%20Markets%2C%20Inflation%2C%20and%20Demographics%20on%20the%20Growth%20of%20Pension%20Fund%20Assets%20in%20the%20State%20Organization%20of%20Islamic%20Cooperation.pdf