Pensions may contribute to male/female or black/white inequality to the extent that white males are more likely to receive pensions than are other groups. Conditional on receiving pensions, the value of pension benefits varies because white males have the highest level of expected tenure atretirement. By using a combination of the Current Population Survey and the 1980 Banker's Trust Corpprate Pension Plan Study, we find that the existence of pension plans contributes to black/white inequality but leaves male/female inequality unchanged among whites. Even though females are less likely tor eceive pensions than males, those females who do receive pensions enjoy generous ones. Among blacks, pensions exacerbate sex differences because black women are only about 75% as likely to receive pensions as black males.
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number
1477.
Length: Date of creation: Oct 1984 Date of revision: Handle: RePEc:nbr:nberwo:1477
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Chapter
Edward P. Lazear & Sherwin Rosen, 1987.
"Pension Inequality,"
NBER Chapters,
in: Issues in Pension Economics, pages 341-364
National Bureau of Economic Research, Inc.
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References listed on IDEAS 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.:
Jacob Mincer & Boyan Jovanovic, 1982.
"Labor Mobility and Wages,"
NBER Working Papers
0357, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Jacob Mincer & Boyan Jovanovic, 1981.
"Labor Mobility and Wages,"
NBER Chapters,
in: Studies in Labor Markets, pages 21-64
National Bureau of Economic Research, Inc.
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