Defined Benefit versus Defined Contribution Pension Plans: What are the Real Trade-offs?

Zvi Bodie, Alan J. Marcus & Robert C. Merton

Published Date January 1988

Copyright 1988

ISBN 0226062856

Pensions in the U.S. Economy

Book: Pensions in the U.S. Economy

Book editors: Zvi Bodie, John B. Shoven & David A. Wise

PUBLISHER: University of Chicago Press

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Zvi Bodie, Alan J. Marcus, and Robert C. Merton, Pensions in the U.S. Economy (University of Chicago Press, 1988), chap. 5, https://www.nber.org/books-and-chapters/pensions-us-economy/defined-benefit-versus-defined-contribution-pension-plans-what-are-real-trade-offs.