Chapter | Financial Aspects of the U.S. Pension System | 1983

On Consumption-Indexed Public Pension Plans

by Robert C. Merton

Keywords: Compensation and Benefits; Public Sector;

Citation:

Merton, Robert C. "On Consumption-Indexed Public Pension Plans." In Financial Aspects of the U.S. Pension System, edited by Zvi Bodie and John B. Shoven. Chicago: University of Chicago Press, 1983. (Chapter 18 in Continuous-Time Finance. Reprinted in The Foundations of Pension Finance, Volume I, Zvi Bodie and E. Philip Davis, eds., Edward Elger, 2000.)