Company Pension Plans, Stock Market Returns, and Labor Demand

Company Pension Plans, Stock Market Returns, and Labor Demand
With asset values falling sharply in recent years, many companies around the world are under pressure to restore the solvency of their defined-benefit pension plans. Will this lead to higher contributions? Will higher contributions increase labor costs and reduce employment? Does this mechanism exacerbate economic downturns? What are the economic READ MORE...

Publication date: November 2003
ISBN 9781451875287
$15.00

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