Observations on the Indexation of Old Age Pensions [report]

Lawrence Summers
1982 unpublished
This paper examines some positive and normative aspects of the inflation indexation of public and private pensions. The analysis shows that alternative indexing arrangements may have far less impact on actual patterns of risk bearing than is usually thought to be the case. In so far
doi:10.3386/w1023 fatcat:e7tlotlnu5h4rn5f6tcu6kngoe