Summary

The difference in unfunded obligations observed by Professor Chyla is explained by the difference between 75-year and infinite-horizon projections.

Recommended Citation

DeLong, James B. and Edlin, Aaron S. (2005) "The Editors respond to "Mankiw vs. Board of Trustees" by Chyla," The Economists' Voice: Vol. 2 : Iss. 1, Article 7.
DOI: 10.2202/1553-3832.1092
Available at: http://www.bepress.com/ev/vol2/iss1/art7