Hyung-Suk Choi
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5 publications
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531 downloads
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1716 views
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Seasonality based style rotation strategy in major stock markets
Hyung-Suk ChoiInvestment Management and Financial Innovations Volume 11, 2014 Issue #1 (cont.)
Views: 565 Downloads: 257 TO CITE -
Handle with care: distribution effects on the estimated cash flows to equity funds
Hyung-Suk ChoiInvestment Management and Financial Innovations Volume 11, 2014 Issue #4 (cont.)
Views: 485 Downloads: 116 TO CITE -
Culture and chief executive officer forced turnover
Hyung-Suk ChoiInvestment Management and Financial Innovations Volume 12, 2015 Issue #1 (cont. 2) pp. 258-266
Views: 503 Downloads: 140 TO CITE -
Sentiment, growth and value investments: evidence from Korean Stock Listings
Investment Management and Financial Innovations Volume 12, 2015 Issue #3 (cont.) pp. 142-148
Views: 433 Downloads: 230 TO CITE -
The effect of longevity risks on the performance of stock market
Hyung-Suk Choi doi: http://dx.doi.org/10.21511/imfi.14(1-1).2017.03Investment Management and Financial Innovations Volume 14, 2017 Issue #1 (cont.) pp. 173-180
Views: 1241 Downloads: 322 TO CITE АНОТАЦІЯIn this study the author examines the effect of the speed of population aging on the financial markets in 11 OECD (The Organisation for Economic Co-operation and Development) countries after controlling the proportion of labor population, the growth rate of real GDP (Gross Domestic Product), the rate of increasing productivity, inflation rate, and the rate of increasing scale of pension market. The author finds that the performance of stock market is affected by complex factors including increasing of average life expectancy, the growth rate of real GDP, the rate of increasing productivity, the inflation rate, the earning rate of stock market and the rate of increasing scale of pension market. Especially, the proportion of economically active people is the most significant factor to explain the stock market performance. Considering the decreasing proportion of economically active people in aging societies, the decrease of productivity and eventually the decrease of earnings from financial markets would be expected.