NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Defined Benefit versus Defined Contribution Pension Plans: What are the Real Trade-offs?

Zvi Bodie, Alan J. Marcus, Robert C. Merton

Chapter in NBER book Pensions in the U.S. Economy (1988), Zvi Bodie, John B. Shoven, and David A. Wise, editors (p. 139 - 162)
Published in 1988 by University of Chicago Press
© 1988 by the National Bureau of Economic Research

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This chapter first appeared as NBER working paper w1719, Defined Benefit versus Defined Contribution Pension Plans: What are the Real Tradeoffs?, Zvi Bodie, Alan J. Marcus, Robert C. Merton
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