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Federal Reserve Bank of Boston
Communities and Banking
Public pensions: the multiplier effect
Doug Hoffer
Abstract

Public pension funds can play a role not only in ensuring retirees’ economic security, but also in promoting local economic-development goals. That’s why increasing numbers of elected officials and trustees are investigating “economically targeted investment.”


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Doug Hoffer, "Public pensions: the multiplier effect" , Federal Reserve Bank of Boston, Communities and Banking, issue Fall, pages 12-14, 2006.
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Keywords: Pensions ; Investments ; Community development
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