Assefuah, Kathryn A. A. O; Abor, Joshua Yindenaba; … - In: Cogent economics & finance 11 (2023) 1, pp. 1-24
This study investigates the effect of pension funds (PF) and institutional quality (IQ) on capital market development in 48 African countries. Using a system GMM regression, the study found that the interaction between PF and IQ significantly negatively affects capital market development. The...