Discounting Pension Liabilities: Funding versus Value
收藏数据链接：
官方服务：
资源简介：
We argue that the appropriate discount rate for pension liabilities depends on the objective. In particular, if the objective is to measure pension under- or over- funding, a default-free discount rate should always be used, even if the liabilities are themselves not default-free. If, instead, the
提供机构：
美国国家经济研究局创建时间：
2015-06-01
