On Consumption Indexed Public Pension Plans

Robert C. Merton
Published Date
Copyright 1983
ISBN 0226062813
Financial Aspects of the United States Pension System
Book: Financial Aspects of the United States Pension System
Book editors: Zvi Bodie & John B. Shoven
PUBLISHER: University of Chicago Press
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  • Robert C. Merton, Financial Aspects of the United States Pension System (University of Chicago Press, 1983), chap. 10, https://www.nber.org/books-and-chapters/financial-aspects-united-states-pension-system/consumption-indexed-public-pension-plans.

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Financial Economics
Public Economics

Published From Paper

On Consumption-Indexed Public Pension Plans
- Working Paper
Using the known result that life-cycle investors will optimally hold portfolios whose returns are perfectly correlated...

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