{"id":"https://openalex.org/W1521783330","doi":null,"title":"THE FINANCIAL CRISIS AND STATE/LOCAL DEFINED BENEFIT PLANS","display_name":"THE FINANCIAL CRISIS AND STATE/LOCAL DEFINED BENEFIT PLANS","publication_year":2008,"publication_date":"2008-11-01","ids":{"openalex":"https://openalex.org/W1521783330","mag":"1521783330"},"language":"en","primary_location":{"id":"mag:1521783330","doi":null,"is_oa":false,"landing_page_url":"http://crr.bc.edu/wp-content/uploads/2008/11/IB_8-19.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S2764541960","display_name":"Issues in Brief","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Issues in Brief","raw_type":null},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5085286977","display_name":"Alicia Haydock Munnell","orcid":"https://orcid.org/0000-0001-8591-639X","observed_orcids":["https://orcid.org/0000-0001-8591-639X"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Alicia H. Munnell","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5113755076","display_name":"Jean\u2010Pierre Aubry","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Jean\u2010Pierre Aubry","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5039214718","display_name":"Dan Muldoon","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Dan Muldoon","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":6.525,"has_fulltext":false,"cited_by_count":16,"citation_normalized_percentile":{"value":0.96699459,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.9937000274658203,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.9937000274658203,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11631","display_name":"Retirement, Disability, and Employment","score":0.00139999995008111,"subfield":{"id":"https://openalex.org/subfields/3317","display_name":"Demography"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10443","display_name":"Social Policy and Reform Studies","score":0.0007999999797903001,"subfield":{"id":"https://openalex.org/subfields/3320","display_name":"Political Science and International Relations"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/financial-crises","display_name":"financial crisis","score":0.7429999709129333},{"id":"https://openalex.org/keywords/defined-benefit-pension-plans","display_name":"defined benefit pensions","score":0.7870000004768372},{"id":"https://openalex.org/keywords/state-and-local-government-pensions","display_name":"state and local government pensions","score":0.8700000047683716},{"id":"https://openalex.org/keywords/401-k-plans","display_name":"401(k) plans","score":0.7820000052452087},{"id":"https://openalex.org/keywords/individual-retirement-accounts","display_name":"individual retirement accounts","score":0.8889999985694885},{"id":"https://openalex.org/keywords/pension-plan-participants","display_name":"pension plan participants","score":0.4650000035762787},{"id":"https://openalex.org/keywords/taxpayer-burden","display_name":"taxpayer burden","score":0.5080000162124634}],"concepts":[{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.7044455409049988},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.5488829612731934},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5383947491645813},{"id":"https://openalex.org/C48103436","wikidata":"https://www.wikidata.org/wiki/Q599031","display_name":"State (computer science)","level":2,"score":0.526114284992218},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.47892388701438904},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.46196454763412476},{"id":"https://openalex.org/C121426985","wikidata":"https://www.wikidata.org/wiki/Q591763","display_name":"Private sector","level":2,"score":0.43973538279533386},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.42311882972717285},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.35246098041534424},{"id":"https://openalex.org/C50522688","wikidata":"https://www.wikidata.org/wiki/Q189833","display_name":"Economic growth","level":1,"score":0.20428532361984253},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.13542324304580688},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.10227054357528687},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C11413529","wikidata":"https://www.wikidata.org/wiki/Q8366","display_name":"Algorithm","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"mag:1521783330","doi":null,"is_oa":false,"landing_page_url":"http://crr.bc.edu/wp-content/uploads/2008/11/IB_8-19.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S2764541960","display_name":"Issues in Brief","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Issues in Brief","raw_type":null},{"id":"pmh:oai:RePEc:crr:issbrf:ib2008-8-19","doi":null,"is_oa":false,"landing_page_url":"http://crr.bc.edu/briefs/the-financial-crisis-and-statelocal-defined-benefit-plans/","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"mag:3121230550","doi":null,"is_oa":false,"landing_page_url":"https://EconPapers.repec.org/RePEc:crr:issbrf:ib2008-8-19","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":6,"referenced_works":["https://openalex.org/W2025451575","https://openalex.org/W2025977347","https://openalex.org/W2183521760","https://openalex.org/W2887920349","https://openalex.org/W3122979832","https://openalex.org/W3123189192"],"related_works":["https://openalex.org/W2103799245","https://openalex.org/W2122974167","https://openalex.org/W2917706085","https://openalex.org/W47658217","https://openalex.org/W2966178466","https://openalex.org/W7099279942","https://openalex.org/W1565804941","https://openalex.org/W2141457509","https://openalex.org/W7097421242","https://openalex.org/W7098406473"],"abstract_inverted_index":{"Equity":[0],"assets":[1,74],"in":[2,6,35,41],"retirement":[3],"plans":[4,48],"dropped":[5],"value":[7],"by":[8,52],"about":[9],"$4":[10],"trillion":[11,66],"between":[12,25,45],"October":[13,17],"9,":[14,18],"2007":[15],"and":[16,28,49,54,69,80],"2008.":[19],"The":[20,33],"decline":[21,34],"was":[22,40],"divided":[23,43],"equally":[24,44],"defined":[26,37,71],"benefit":[27,38,72],"401(k)/Individual":[29],"Retirement":[30],"Accounts":[31],"(IRAs).":[32],"the":[36,77,82,85],"arena":[39],"turn":[42],"private":[46],"sector":[47],"those":[50],"sponsored":[51],"state":[53,68],"local":[55,70],"governments.":[56],"This":[57],"brief":[58],"explores":[59],"what":[60],"a":[61],"loss":[62],"of":[63,67,84],"roughly":[64],"$1":[65],"equity":[73],"means":[75],"for":[76,81],"individual":[78],"participants":[79],"taxpayers":[83],"sponsoring":[86],"entities...":[87]},"counts_by_year":[{"year":2022,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":3}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}
