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How Does the Market Value Unfunded Pension Liabilities?

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NBER1985-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1602
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资源简介:
We lead off by discussing a number of theoretical reasons for expecting various relationships between a firm's unfunded pension liability and its market value. We then discuss our doubts about the methodology of earlier papers which studied the empirical relation between funding and market value
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1985-04-01
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