By Patrick Cairns. For MoneyWeb.
Editorial published in Le Monde.
Three professors of finance, Lionel Martellini, Robert C. Merton and Arun S. Muralidhar, suggest issuing bonds with maturities and durations that would match the retirement age and life expectancy at retirement.
Richard Thakor and Robert C. Merton, National Bureau of Economic Research working paper w24778.
Richard Thakor & Robert Merton.
Keynote Address for the Dr. R. H. Patil Memorial Lecture, Mumbai, India
Robert C. Merton, Arun Muralidhar, Rui Seybert P. Ferreira
SSRN Electronic Journal DOI: 10.2139/ssrn.3350107