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The Crisis in Pension Funding

Oct 2003
Policy Brief
By  Jeremy Bulow
Jeremy Bulow is the Richard Stepp Professor of Economics at Stanford Graduate School of Business. (with particular emphasis on game theory and microeconomics). In addition to pensions, Bulow has written academic papers on tax policy (with former Treasury Secretary Lawrence Summers), on sovereign debt (with IMF Ecomic Counsellor Kenneth Rogoff), and on auction theory (with Paul Klemperer, principle designer of the United Kingdom’s 3G spectrum auction). He has consulted for U.S. government and international agencies on pensions, sovereign debt, and auction design, as well as for a number of private companies. Bulow was chief economist of the Federal Trade Commission from late 1998 until mid-2001.