The Decline of Defined Benefit Retirement Plans and Asset Flows
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This research was supported by the U.S. Social Security Administration through grant #10-P-98363-1-03 to the National Bureau of Economic Research and by the National Institute of Aging under grant PO1-AG005842 to the National Bureau of Economic Research. The findings and conclusions expressed are solely those of the authors and do not represent the views of any agency of the Federal Government, or the NBER. We thank Jonathan Skinner, Annamaria Lusardi, and participants in the Woodstock Conference on Retirement Research for their comments. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.