https://www.selleckchem.com/pr....oducts/BafilomycinA1
Public pension funding problems may contribute to a state's poor economic performance. This paper examines that proposition, using state-level data on public pensions developed by the Pew Trust, and jointly by the Federal Reserve Board and the Bureau of Economic Analysis. There is little evidence that measures of the level of unfunded pension plan liabilities lead directly to a state's soft economic performance, though growth in unfunded liabilities appear to be associated with lower growth. While these results suggest that reduct