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Pension Incentives and Job Mobility

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Author Info

  • Alan L. Gustman

    (Dartmouth College)

  • Thomas L. Steinmeier

    (Texas Tech University)

Abstract

Using models developed for this study which incorporate an array of behaviors generally omitted from conventional models relating backloading to turnover, Gustman and Steinmeier find that backloading plays only a slight role in explaining mobility differences associated with pension coverage. They propose that higher wages often paid at pension-covered jobs play a greater role in reducing mobility than do pensions.

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Bibliographic Info

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This book is provided by W.E. Upjohn Institute for Employment Research in its series Books from Upjohn Press with number pijm and published in 1995.

ISBN: paper 9780880991513
Handle: RePEc:upj:ubooks:pijm

Note: PDF is the book's first chapter.
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Related research

Keywords: backloading; pensions; job mobility; labor mobility;

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Citations

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Cited by:
  1. Samwick, Andrew A., 1998. "Tax Reform and Target Saving," National Tax Journal, National Tax Association, vol. 51(n. 3), pages 621-35, September.
  2. James M. Poterba & Steven F. Venti, 2001. "Preretirement Cashouts and Foregone Retirement Saving: Implications for 401(k) Asset Accumulation," NBER Chapters, in: Themes in the Economics of Aging, pages 23-58 National Bureau of Economic Research, Inc.
  3. 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.
  4. Palacios, Robert & Whitehouse, Edward, 2006. "Civil-service pension schemes around the world," MPRA Paper 14796, University Library of Munich, Germany.
  5. Tito Boeri & Agar Brugiavini, 2008. "Pension Reforms and Women Retirement Plans," Working Papers 2008_35, Department of Economics, University of Venice "Ca' Foscari".
  6. Garen, John & Berger, Mark & Scott, Frank, 1996. "Pensions, non-discrimination policies, and the employment of older workers," The Quarterly Review of Economics and Finance, Elsevier, vol. 36(4), pages 417-429.
  7. Kenneth Trager & James Francis & Kevin SigRist, . "Florida's Public Pension Reform Debate: A Discussion of the Issues and Estimates of the Option Costs," Pension Research Council Working Papers 99-23, Wharton School Pension Research Council, University of Pennsylvania.
  8. B. Douglas Bernheim, 1999. "Taxation and Saving," Working Papers 99007, Stanford University, Department of Economics.
  9. Vincenzo Andrietti & Vincent Hildebrand, 2001. "Pension Portability and Labour Mobility in the United States. New Evidence from SIPP Data," Social and Economic Dimensions of an Aging Population Research Papers 42, McMaster University.
  10. David McCarthy, 2003. "A Lifecycle Analysis of Defined Benefit Pension Plans," Working Papers wp053, University of Michigan, Michigan Retirement Research Center.

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