How Does the Market Value Unfunded Pension Liabilities?

Jeremy I. Bulow, Randall Morck & Lawrence H. Summers
Published Date
Copyright 1987
ISBN 0226062848
Issues in Pension Economics
Book: Issues in Pension Economics
Book editors: Zvi Bodie, John B. Shoven & David A. Wise
PUBLISHER: University of Chicago Press
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  • Jeremy I. Bulow, Randall Morck, and Lawrence H. Summers, Issues in Pension Economics (University of Chicago Press, 1987), chap. 4, https://www.nber.org/books-and-chapters/issues-pension-economics/how-does-market-value-unfunded-pension-liabilities.

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How Does the Market Value Unfunded Pension Liabilities?
- Working Paper
We lead off by discussing a number of theoretical reasons for expecting various relationships between a firm's...

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