The decline of defined benefit retirement plans and asset flows
By: James Poterba, Steven Venti, David A. Wise.
Contributors: Poterba,James.; Venti, Steven.; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 12834; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 12834.
Publisher: National Bureau of Economic Research
Published: 2007
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "Demographic change can have an important effect on the stock of assets held in defined benefit pension plans.  This paper projects the impact of changes in the age structure of the U.S.  population between 2005 and 2040 on the stock of assets held by these plans.  It projects the contributions to and withdrawals from these plans.  These projections are combined with estimates of the future evolution of assets in 401(k)-like plans to describe the prospective impact of demographic change on the stock of assets in retirement plans.  Information on demography-linked changes in asset demand is a critical input to evaluating the potential impact of population aging on asset returns"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 3/22/2007.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.