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Pensions and Productivity

Author

Listed:
  • Stuart Dorsey

    (Baker University)

  • Christopher Cornwell

    (University of Georgia)

  • David Macpherson

    (Florida State University)

Abstract

Employers typically view their investment in pension plans as a means of providing retirement income for their workers. Economists, on the other hand, view pension programs as a way to increase workplace productivity. Dorsey, Cornwell and Macpherson explore the theoretical and empirical basis for the economists' perspective and, in the process, offer a complete discussion on the productivity theory of pensions.

Suggested Citation

  • Stuart Dorsey & Christopher Cornwell & David Macpherson, 1998. "Pensions and Productivity," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number pp, August.
  • Handle: RePEc:upj:ubooks:pp
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    Citations

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    Cited by:

    1. 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.
    2. Peter F. Orazem & Marvin L. Bouillon & Benjamin M. Doran, 2004. "Long‐Term Attachments and Long‐Run Firm Rates of Return," Southern Economic Journal, John Wiley & Sons, vol. 71(2), pages 314-333, October.
    3. Kathrin Dummann, 2007. "What Determines the Demand for Occupational Pensions in Germany?," SOEPpapers on Multidisciplinary Panel Data Research 67, DIW Berlin, The German Socio-Economic Panel (SOEP).
    4. Bender, Keith A., 2009. "How are pension integration and pension benefits related?," The Quarterly Review of Economics and Finance, Elsevier, vol. 49(1), pages 26-41, February.
    5. Jan Erik Askildsen & Norman J. Ireland, 2003. "Bargaining Credibility and the Limits to Within‐firm Pensions," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 74(4), pages 515-528, December.
    6. David McCarthy, 2003. "A Lifecycle Analysis of Defined Benefit Pension Plans," Working Papers wp053, University of Michigan, Michigan Retirement Research Center.
    7. Noja Gratiela Georgiana & Caran Margareta, 2015. "Post-Employment Benefits In Romania And Serbia: A Comparative Impact Analysis," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 237-246, December.

    More about this item

    Keywords

    pensions; productivity; productivity theory of pensions; retirement income;
    All these keywords.

    JEL classification:

    • J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions

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