Real Rates of Return and Pension Funding |[mdash]| Some Preliminary Considerations|[ast]|

doi:doi:10.1057/gpp.1981.2

The Geneva Papers on Risk and Insurance (1981) 6, 51–63; doi:10.1057/gpp.1981.2

Real Rates of Return and Pension Funding — Some Preliminary Considerations^*

Richard Hemming

Institute for Fiscal Studies, London

^*An earlier version of this paper was presented at the 1980 Summer Institute held at the NBER in Cambridge, M.A. and at the Seventh Seminar of the European Group of Risk and Insurance Economists, held at the University of Nottingham in September 1980.