The Funding Status of Teacher Pensions: An Econometric Approach
Author
Abstract
Suggested Citation
Note: ME
Download full text from publisher
References listed on IDEAS
- Robert C. Merton, 1981. "On the Role of Social Security as a Means for Efficient Risk-Bearing in an Economy Where Human Capital Is Not Tradeable," NBER Working Papers 0743, National Bureau of Economic Research, Inc.
- Arnott, Richard J. & Gersovitz, Mark, 1980. "Corporate financial structure and the funding of private pension plans," Journal of Public Economics, Elsevier, vol. 13(2), pages 231-247, April.
- Samuelson, Paul A, 1975. "Optimum Social Security in a Life-Cycle Growth Model," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 16(3), pages 539-544, October.
- Michael J. Boskin & John B. Shoven, 1984. "Concepts and Measures of Earnings Replacement During Retirement," NBER Working Papers 1360, National Bureau of Economic Research, Inc.
- Dennis Epple & Katherine Schipper, 1981. "Municipal pension funding: A theory and some evidence," Public Choice, Springer, vol. 37(1), pages 141-178, January.
- Jeremy I. Bulow, 1982. "What are Corporate Pension Liabilities?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 97(3), pages 435-452.
- Smith, Robert Stewart, 1981. "Compensating Differentials for Pensions and Underfunding in the Public Sector," The Review of Economics and Statistics, MIT Press, vol. 63(3), pages 463-468, August.
- Robert C. Merton, 1983. "On the Role of Social Security as a Means for Efficient Risk Sharing in an Economy Where Human Capital Is Not Tradable," NBER Chapters, in: Financial Aspects of the United States Pension System, pages 325-358, National Bureau of Economic Research, Inc.
- Ehrenberg, Ronald G, 1980. "Correlates of Underfunding of Public Sector Retirement Systems," Economic Inquiry, Western Economic Association International, vol. 18(3), pages 493-500, July.
- Feldstein, Martin S, 1976. "Perceived Wealth in Bonds and Social Security: A Comment," Journal of Political Economy, University of Chicago Press, vol. 84(2), pages 331-336, April.
- Laurence J. Kotlikoff & Daniel E. Smith, 1983. "Pensions in the American Economy," NBER Books, National Bureau of Economic Research, Inc, number kotl83-1.
- Herman B. Leonard, 1984. "The Federal Civil Service Retirement System: An Analysis of its Financial Condition and Current Reform Proposals," NBER Working Papers 1258, National Bureau of Economic Research, Inc.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Mitchell, Olivia S & Smith, Robert S, 1994.
"Pension Funding in the Public Sector,"
The Review of Economics and Statistics, MIT Press, vol. 76(2), pages 278-290, May.
- Olivia S. Mitchell & Robert S. Smith, 1991. "Pension Funding in the Public Sector," NBER Working Papers 3898, National Bureau of Economic Research, Inc.
- Boskin, Michael J. & Robinson, Marc S. & Huber, Alan M., 1987. "Government Saving, Capital Formation and Wealth in the United States, 1947-1985," CEPR Publications 244416, Stanford University, Center for Economic Policy Research.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Johnson, Richard W., 1997. "Pension Underfunding and Liberal Retirement Benefits Among State and Local Government Workers," National Tax Journal, National Tax Association, vol. 50(1), pages 113-42, March.
- Zvi Bodie & Alan J. Marcus & Robert C. Merton, 1988.
"Defined Benefit versus Defined Contribution Pension Plans: What are the Real Trade-offs?,"
NBER Chapters, in: Pensions in the U.S. Economy, pages 139-162,
National Bureau of Economic Research, Inc.
- Zvi Bodie & Alan J. Marcus & Robert C. Merton, 1985. "Defined Benefit versus Defined Contribution Pension Plans: What are the Real Tradeoffs?," NBER Working Papers 1719, National Bureau of Economic Research, Inc.
- Johnson, Richard W., 1997. "Pension Underfunding and Liberal Retirement Benefits Among State and Local Government Workers," National Tax Journal, National Tax Association;National Tax Journal, vol. 50(1), pages 113-142, March.
- Michele Boldrin & Aldo Rustichini, 2000. "Political Equilibria with Social Security," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 3(1), pages 41-78, January.
- Barry R. Marks & K. K. Raman, 1988. "The effect of unfunded accumulated and projected pension obligations on governmental borrowing costs," Contemporary Accounting Research, John Wiley & Sons, vol. 4(2), pages 595-608, March.
- David Miles & Ales Cerny, 2001. "Risk, Return and Portfolio Allocation under Alternative Pension Arrangements with Imperfect Financial Markets," CESifo Working Paper Series 441, CESifo.
- Martin Barbie & Marcus Hagedorn & Ashok Kaul, 2006.
"Fostering Within-Family Human-Capital Investment: An Intragenerational Insurance Perspective of Social Security,"
FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 62(4), pages 503-529, December.
- Martin Barbie & Marcus Hagedorn & Ashok Kaul, "undated". "Fostering Within-Family Human Capital Investment: An Intragenerational Insurance Perspective of Social Security," IEW - Working Papers 236, Institute for Empirical Research in Economics - University of Zurich.
- Barbie, Martin & Hagedorn, Marcus & Kaul, Ashok, 2002. "Fostering Within-Family Human Capital Investment: An Intragenerational Insurance Perspective of Social Security," IZA Discussion Papers 678, Institute of Labor Economics (IZA).
- Michele Boldrin & Juan J. Dolado & Juan F. Jimeno & Franco Peracchi, "undated".
"The future of pension systems in Europe. A reappraisal,"
Working Papers
99-08, FEDEA.
- Jimeno, Juan F. & Peracchi, Franco, 1999. "The future of pension systems in europe: a reappraisal," UC3M Working papers. Economics 6153, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Jeremy I. Bulow & Myron S. Scholes, 1983.
"Who Owns the Assets in a Defined-Benefit Pension Plan?,"
NBER Chapters, in: Financial Aspects of the United States Pension System, pages 17-36,
National Bureau of Economic Research, Inc.
- Jeremy I. Bulow & Myron S. Scholes, 1982. "Who Owns the Assets in a Defined Benefit Pension Plan," NBER Working Papers 0924, National Bureau of Economic Research, Inc.
- David K. Miles, 2000. "Funded and Unfunded Pension Schemes: Risk, Return and Welfare," CESifo Working Paper Series 239, CESifo.
- Dirk Krueger & Felix Kubler, 2006.
"Pareto-Improving Social Security Reform when Financial Markets are Incomplete!?,"
American Economic Review, American Economic Association, vol. 96(3), pages 737-755, June.
- Dirk Krueger & Felix Kubler, 2003. "Pareto Improving Social Security Reform when Financial Markets are Incomplete?," NBER Working Papers 9410, National Bureau of Economic Research, Inc.
- Krueger, Dirk & Kübler, Felix, 2005. "Pareto Improving Social Security Reform when Financial Markets Are Incomplete," CEPR Discussion Papers 5039, C.E.P.R. Discussion Papers.
- Krueger, Dirk & Kubler, Felix, 2005. "Pareto improving social security reform when financial markets are incomplete!?," CFS Working Paper Series 2005/12, Center for Financial Studies (CFS).
- repec:hum:wpaper:sfb649dp2006-066 is not listed on IDEAS
- Glaeser, Edward L. & Ponzetto, Giacomo A.M., 2014.
"Shrouded costs of government: The political economy of state and local public pensions,"
Journal of Public Economics, Elsevier, vol. 116(C), pages 89-105.
- Edward L. Glaeser & Giacomo A. M. Ponzetto, 2012. "Shrouded Costs of Government: The Political Economy of State and Local Public Pensions," NBER Chapters, in: Retirement Benefits for State and Local Employees: Designing Pension Plans for the Twenty-First Century, National Bureau of Economic Research, Inc.
- Edward L. Glaeser & Giacomo A. M. Ponzetto, 2012. "Shrouded costs of government: The political economy of state and local public pensions," Economics Working Papers 1336, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 2013.
- Edward L. Glaeser & Giacomo A. M. Ponzetto, 2013. "Shrouded Costs of Government: The Political Economy of State and Local Public Pensions," NBER Working Papers 18976, National Bureau of Economic Research, Inc.
- Michele Boldrin & Ana Montes, 2005.
"The Intergenerational State Education and Pensions,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 72(3), pages 651-664.
- Boldrin, Michele & Montes, Ana, 2002. "The Intergenerational State: Education and Pensions," CEPR Discussion Papers 3275, C.E.P.R. Discussion Papers.
- Michele Boldrin & Ana Montes, 2004. "The intergenerational state: education and pensions," Staff Report 336, Federal Reserve Bank of Minneapolis.
- Mulligan Casey B & Gil Ricard & Sala-i-Martin Xavier X, 2010.
"Social Security and Democracy,"
The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-46, March.
- Xavier Sala-i-Martin, 2002. "Social security and democracy," Economics Working Papers 621, Department of Economics and Business, Universitat Pompeu Fabra.
- Casey B. Mulligan & Ricard Gil & Xavier Sala-i-Martin, 2002. "Social Security and Democracy," NBER Working Papers 8958, National Bureau of Economic Research, Inc.
- BOLDRIN, Michele & RUSTICHINI, Aldo, 1994.
"Equilibria with Social Security,"
LIDAM Discussion Papers CORE
1994060, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Rustichini, Aldo, 1995. "Equilibria with social security," UC3M Working papers. Economics 3903, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Lans Bovenberg & Harald Uhlig, 2008.
"Pension Systems and the Allocation of Macroeconomic Risk,"
NBER Chapters, in: NBER International Seminar on Macroeconomics 2006, pages 241-344,
National Bureau of Economic Research, Inc.
- Bovenberg, Ary Lans & Uhlig, Harald, 2006. "Pension sytems and the allocation of macroeconomic risk," SFB 649 Discussion Papers 2006-066, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- Bovenberg, A.L. & Uhlig, H.F.H.V.S., 2006. "Pension Systems and the Allocation of Macroeconomic Risk," Discussion Paper 2006-101, Tilburg University, Center for Economic Research.
- Bovenberg, Lans & Uhlig, Harald, 2006. "Pension Systems and the Allocation of Macroeconomic Risk," CEPR Discussion Papers 5949, C.E.P.R. Discussion Papers.
- Bohn, Henning, 2011.
"Should public retirement plans be fully funded?,"
Journal of Pension Economics and Finance, Cambridge University Press, vol. 10(2), pages 195-219, April.
- Henning Bohn, 2010. "Should Public Retirement Plans be Fully Funded?," NBER Chapters, in: The Economics of State and Local Pensions, pages 195-219, National Bureau of Economic Research, Inc.
- Bohn, Henning, 2010. "Should Public Retirement Plans be Fully Funded?," University of California at Santa Barbara, Economics Working Paper Series qt1cw6c8qg, Department of Economics, UC Santa Barbara.
- Henning Bohn, 2010. "Should Public Retirement Plans be Fully Funded?," NBER Working Papers 16409, National Bureau of Economic Research, Inc.
- Robert P. Inman & David J. Albright, 1987. "Central Policies for Local Debt: The Case of Teacher Pensions," NBER Working Papers 2166, National Bureau of Economic Research, Inc.
- Robert M. Schwab, 1985. "Pay-As-You-Go versus Advance-Funded Public Pension Systems under Imperfect Capital Markets," Public Finance Review, , vol. 13(3), pages 269-291, July.
- Laurence J. Kotlikoff, 1996.
"Privatization of Social Security: How It Works and Why It Matters,"
NBER Chapters, in: Tax Policy and the Economy, Volume 10, pages 1-32,
National Bureau of Economic Research, Inc.
- Laurence J. Kotlikoff, 1995. "Privatization of Social Security: How it Works and Why it Matters," Boston University - Institute for Economic Development 66, Boston University, Institute for Economic Development.
- Laurence J. Kotlikoff, 1995. "Privatization of Social Security: How It Works and Why It Matters," NBER Working Papers 5330, National Bureau of Economic Research, Inc.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:1727. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.