Does a Discount Rate Rule Ensure a Pension Plan Can Pay Promised Benefits without Excessive Asset Accumulation?
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References listed on IDEAS
- Bucciol, Alessandro & Beetsma, Roel M. W. J., 2011. "Consequences for welfare and pension buffers of alternative methods of discounting future pensions," Journal of Pension Economics and Finance, Cambridge University Press, vol. 10(3), pages 389-415, July.
- Brown, Jeffrey R. & Pennacchi, George G., 2016.
"Discounting pension liabilities: funding versus value,"
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- Jeffrey R. Brown & George Pennacchi, 2015. "Discounting Pension Liabilities: Funding versus Value," NBER Chapters, in: The Impact of Reforms of State Retirement Plans, pages 254-284, National Bureau of Economic Research, Inc.
- Jeffrey R. Brown & George G. Pennacchi, 2015. "Discounting Pension Liabilities: Funding versus Value," NBER Working Papers 21276, National Bureau of Economic Research, Inc.
- Robert Novy‐Marx & Joshua Rauh, 2011. "Public Pension Promises: How Big Are They and What Are They Worth?," Journal of Finance, American Finance Association, vol. 66(4), pages 1211-1249, August.
- Jean-Pierre Aubry & Anqi Chen & Alicia H. Munnell, 2017. "A First Look at Alternative Investments and Public Pensions," State and Local Pension Plans Briefs ibslp55, Center for Retirement Research.
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More about this item
KeywordsPension plans; discount rate; pension sustainability; defined benefit pension; policy rules;
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
- H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
- H83 - Public Economics - - Miscellaneous Issues - - - Public Administration
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
- J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
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