Pension portability and labor market efficiency: A survey of the literature
AbstractThis paper reviews the theoretical and empirical literature evaluating the labor market effects of policies to enhance pension portability. One perspective is that reducing the cost of job change will result in a more efficient allocation of workers. In contrast, long-term employment contract models suggest that incentives established by nonportable pensions may enhance efficiency by discouraging quits when there are job-specific productivity gains. No empirical studies have produced estimates conclusively showing that workers covered by pensions are more productive than other workers. Various indirect evidence, however-for example, on the relationship between pensions and wages, the pattern of pension coverage across workers and jobs, and the effect of pensions on layoffs-is consistent with pension-related productivity gains. (Abstract courtesy JSTOR.)
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by ILR Review, Cornell University, ILR School in its journal ILR Review.
Volume (Year): 48 (1995)
Issue (Month): 2 (January)
Postal: 381 Ives East, Cornell University, Ithaca, NY 14853-3901
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Anna Huysse-Gaytandjieva & Wim Groot & Milena Pavlova, 2013. "A New Perspective on Job Lock," Social Indicators Research, Springer, vol. 112(3), pages 587-610, July.
- Ashok Thomas & Luca Spataro, 2013. "Pension funds and Market Efficiency: A review," Discussion Papers 2013/164, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
- Robert L. Clark & Joseph F. Quinn, 1999. "Effects of Pensions on Labor Markets and Retirement," Boston College Working Papers in Economics 431, Boston College Department of Economics.
- Heinrich, Ralph P. & Koop, Michael J. & Boss, Alfred & Gröhn, Andreas & Kopp, Andreas & Rosenschon, Astrid & Schmidt, Rainer, 1996. "Sozialpolitik im Transformationsprozeß Mittel- und Osteuropas," Open Access Publications from Kiel Institute for the World Economy 860, Kiel Institute for the World Economy (IfW).
- Richard Disney & Carl Emmerson, 2002. "Choice of pension scheme and job mobility in Britain," IFS Working Papers W02/09, Institute for Fiscal Studies.
- Richard Disney, 1995. "Occupational pension schemes: prospects and reforms in the UK," Fiscal Studies, Institute for Fiscal Studies, vol. 16(3), pages 19-39, September.
- repec:ese:iserwp:2006-04 is not listed on IDEAS
- repec:ese:iserwp:2000-07 is not listed on IDEAS
- Birgitta Rabe, 2007.
"Occupational Pensions, Wages, And Job Mobility In Germany,"
Scottish Journal of Political Economy,
Scottish Economic Society, vol. 54(4), pages 531-552, 09.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ILR Review).
If references are entirely missing, you can add them using this form.