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Regulatory Environment and Pension Investment Performance

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Academic year: 2021

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Table 1: List of countries by IMF classification
Table 2: Description of Variables This table presents all variables used in our analysis
Table 3: Summary Statistics
Table 4: Impact of IR, MG, and SA on risk-adjusted return: With interaction terms Results of specifications with interaction terms imply that in emerging market economies, the Sharpe ratio of investment returns is lower when there are more stringent invest

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