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San Diego’s Fiscal Illusions:Three Lessons to Be Learned

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  • Jun Peng

Abstract

The author describes three important lessons in pension fund management to be learned from the San Diego report. He also puts the San Diego experience in historical perspective, however, and finds that the 1990s were a unique time for pension funds and that San Diego was not alone in its mistakes.

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  • Jun Peng, 2004. "San Diego’s Fiscal Illusions:Three Lessons to Be Learned," Municipal Finance Journal, University of Chicago Press, vol. 25(3), pages 144-146.
    • Handle: RePEc:ucp:munifj:doi:10.1086/mfj25030144
    DOI: 10.1086/MFJ25030144
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