Unions, Default Risk, and Pension Underfunding

An explanation is provided for the following seemingly unrelated pieces of evidence concerning unions and pension plans in the United States: 1) The pension wealth of union members is greater than that of other workers, but 2) union pension plans are more often underfunded and 3) more likely to be terminated by default

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Year of publication:	2013
Authors:	Cherkes, Martin
Other Persons:	Yaari, Uzi (contributor)
Publisher:	[2013]: [S.l.] : SSRN
Subject:	Altersvorsorge \| Retirement provision \| Gewerkschaft \| Trade union \| Rentenfinanzierung \| Pension finance \| Kreditrisiko \| Credit risk \| Pensionskasse \| Pension fund \| Theorie \| Theory

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Extent:	1 Online-Ressource (4 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Journal of Economics and Business, Vol. 40, p. 239, 1988 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 1, 1986 erstellt
Classification:	G3 - Corporate Finance and Governance
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013077984