Jin, Li (contributor); Merton, Robert C. (contributor); … - 2004
DISCUSSION PAPER PI-0501
Do a Firm's Equity Returns Reflect the Risk of
Its Pension Plan?
Li Jin, Robert …’s Equity Returns Reflect the Risk of Its Pension Plan?
July 13, 2004
Li Jin
Harvard Business School
Robert C. Merton …-8863.
2
Abstract
This paper examines the empirical question of whether systematic equity risk of U.S. firms as …