Hidden Debts: US Governments's Pension Guarantees

Explains how pension guarantees hide fiscal risk and why valuation assumptions misstate government obligations.

Pensions & social securityLectureexpertactuarial assumptionscontingent claimsfederal accountingimplicit liabilitiesmarket implied default probabilitiespbgcJoshua D. Rauh

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• Hoover Institution · 2014-02-28

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