IDEAS home Printed from
   My bibliography  Save this article

Labour Market Effects of Defined Contribution Plans: An International Survey


  • John A. Turner

    () (Public Policy Institute, AARP)


Because of the apparent simplicity of defined contribution plans, they have until recently received relatively little analysis by economists. The presumption that defined contribution plans are non-distortionary is stronger for voluntary than mandatory plans because with voluntary plans workers have the choice to not work for employers that offer them. This article argues that mandatory defined contribution plans may be structured in ways that cause them to affect worker and employer behaviour by affecting aspects of labour supply and demand. For example, any mandatory program that attempts to increase workers' retirement savings may change their labour supply behaviour, both because individuals act to minimise the consequences of the program and because of the effects of the workers' greater retirement savings, if the program succeeds in that regard.

Suggested Citation

  • John A. Turner, 2000. "Labour Market Effects of Defined Contribution Plans: An International Survey," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 4(3), pages 224-231, September.
  • Handle: RePEc:ozl:journl:v:4:y:2001:i:3:p:224-231

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below 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.

    More about this item


    Nonwage Labor Costs and Benefits; Private Pensions (Fringe Benefits; Cost of Social Security; Costs of Hiring and Firing) Retirement; Retirement Policies Time Allocation and Labor Supply (Hours of Work; Part-Time Employment; Employment; Work Sharing; Absenteeism);

    JEL classification:

    • J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ozl:journl:v:4:y:2001:i:3:p:224-231. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alan Duncan). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.