Vincenzo Andrietti () (Universidad Carlos III de Madrid) Vincent Hildebrand (vincent@econ.yorku.ca)
Abstract
We explore the role of employer provided pensions on jobmobility choices using data from the Survey of Income and Program Participation. Defined benefit plans are found to have a significant negative effect on mobility. However, we find no significant evidence that the potential pension portability losses deter job mobility among workers covered by these plans. We also find that the portability policy change implemented by the Tax Reform Act of 1986 had only minor effects on mobility. Puzzlingly, defined contribution plans, although fully portable, are found to have an impact similar to defined benefit plans. Evidence of compensation premiums accruing to workers in pension, union and health insurance covered jobs supports the view that workers are less likely to leave ”good jobs”.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by Center for Research on Pensions and Welfare Policies, Turin (Italy) in its series CeRP Working Papers with number
10.
Find related papers by JEL classification: C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Private Pensions J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts J63 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Turnover; Vacancies; Layoffs J68 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Public Policy
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)