How Does the Market Value Unfunded Pension Liabilities?
Published Date
Copyright 1987
ISBN 0226062848
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Copy CitationJeremy 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.
Published From Paper
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Working Paper
We lead off by discussing a number of theoretical reasons for expecting various relationships between a firm's...