nekst. Vol. 19, fourth edition.
Employers around the world have discovered how expensive it is to offer defined benefit plans and are converting to defined contribution plans. But DC plans in their current form are ineffective because most people aren’t comfortable deciding how to invest their retirement savings. Employees need new and better ways to manage the risks they face when planning for retirement.
Merton, Robert C. "Tribute to Paul A. Samuelson." Journal of Portfolio Management 36, no. 2 (winter 2010): 1.
Merton, Robert C., and Jan Snippe. "Transparantie in pensioensector nog ver te zoeken (Adjusted Actuarial Cost Price Conflicts with Transparency Requirement)." Financieele Dagblad, March 4, 2010. (Read Translation)
Khandani, Amir E., Andrew W. Lo, and Robert C. Merton. "Systemic Risk and the Refinancing Ratchet Effect." Harvard Business School Working Paper, No. 10-023, September 2009. (Revised July 2010.)
Merton, Robert C., in Developing the Potential of the Individually Funded Pension Systems, International Federation of Pension Fund Administrators, Santiago, Chile, pp. 61-76.
La Tercera Newspaper, Business Column, pg. 59