This paper presents an analysis of pension funds' performance in Poland and Hungary, two Central European countries characterized by strong regulation of their private pension fund industries. Thus, the paper extends the literature which has so far mostly focused on performance of pension fund...

This paper presents an analysis of pension funds' performance in Poland and Hungary, two Central European countries characterized by strong regulation of their private pension fund industries. Thus, the paper extends the literature which has so far mostly focused on performance of pension fund...

In this paper, we contribute to the literature on institutional herding and positive feedback trading by analysing the investment behavior of pension funds on the Polish stock market. Since pension funds in Poland operate under more stringent investment regulation than their counterparts in...

This paper presents an analysis of pension funds' performance in Poland and Hungary, two Central European countries characterized by strong regulation of their private pension fund industries. Thus, the paper extends the literature, which has so far mostly focused on the performance of pension...