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来源类型Working Paper
规范类型报告
DOI10.3386/w16409
来源IDWorking Paper 16409
Should Public Retirement Plans be Fully Funded?
Henning Bohn
发表日期2010-09-30
出版年2010
语种英语
摘要Most state and local retirement plans strive for full funding, at least by actuarial standards. Funding measured at market values fluctuates and often falls short. A common argument for full funding is that pensions are a form of deferred compensation that does not justify a debt. The paper examines public finance, political economy, and financial market issues that bear on optimal funding, broadly and in a series of models.
主题Financial Economics ; Financial Institutions ; Public Economics ; Subnational Fiscal Issues
URLhttps://www.nber.org/papers/w16409
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/574084
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GB/T 7714
Henning Bohn. Should Public Retirement Plans be Fully Funded?. 2010.
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