Tag: public pensions
The brief’s key findings are: Public pension funds continue to engage in social investing, most recently divesting from Iran and fossil fuels. However, social investing is often not effective, as other investors step in to buy divested stocks. Social investing can also produce lower investment returns, conflict with the views of beneficiaries and taxpayers, and…
The brief’s key findings are: Individuals who move generally go to places with the best mix of amenities, including low tax rates and a robust economy. An open question is whether a state’s unfunded pension liabilities could also affect moving decisions. While movers generally know little about a state’s pension finances, critical news stories could…
