Tag: Implicit debt
![Social Security cards on top of U.S. currency](https://crr.bc.edu/wp-content/uploads/2023/07/Social-Security-cards-on-top-of-U.S.-currency-1536x1024.jpeg)
European proposal to add public pension implicit debt not relevant to U.S. At a recent OECD meeting on public pensions, I was asked to consider whether public pension implicit debt is a useful measure to assess fiscal sustainability. Apparently with the endorsement of the European System of Accounts 2010, European countries will have to report…