NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

How Does the Market Value Unfunded Pension Liabilities?

Jeremy I. Bulow, Randall Morck, Lawrence H. Summers

Chapter in NBER book Issues in Pension Economics (1987), Zvi Bodie, John B. Shoven, and David A. Wise, eds. (p. 81 - 110)
Published in 1987 by University of Chicago Press
© 1987 by the National Bureau of Economic Research

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This chapter first appeared as NBER working paper w1602, How Does the Market Value Unfunded Pension Liabilities?, Jeremy I. Bulow, Randall Morck, Lawrence H. Summers
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