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Occupational pension coverage in the European Union. An empirical analysis

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  • Andrietti, Vincenzo

Abstract

In this paper we use European Community Household Panel (ECHP) data to analyze the determinants of occupational pension coverage outcomes in Denmark, Ireland, the Netherlands, Spain and the United Kingdom. Pension coverage is modelled as a binary outcome explained by a vecor of personal, job and firm specific characteristics. The potential endogeneity of current wage earnings, included in this vecor, is ultimately faced within a simulteneous equation framework for limited dependent variables originally proposed by Nelson and Olson (1978). The evidence provided answers to a well recognised demand of pension coverage empirical information for policy purposes, both at national and at European Union (EU) level.

Suggested Citation

  • Andrietti, Vincenzo, 2000. "Occupational pension coverage in the European Union. An empirical analysis," ISER Working Paper Series 2000-14, Institute for Social and Economic Research.
  • Handle: RePEc:ese:iserwp:2000-14
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    File URL: https://www.iser.essex.ac.uk/research/publications/working-papers/iser/2000-14.pdf
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    References listed on IDEAS

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    1. Bodie, Zvi, 1990. "Pensions as Retirement Income Insurance," Journal of Economic Literature, American Economic Association, pages 28-49.
    2. Gustman, Alan L. & Steinmeier, Thomas L., 1993. "Pension portability and labor mobility : Evidence from the survey of income and program participation," Journal of Public Economics, Elsevier, vol. 50(3), pages 299-323, March.
    3. Gerard Hughes & Brian Nolan, 1993. "Pensions and the Structure of the Labour Market: Evidence from Irish Data," Papers WP044, Economic and Social Research Institute (ESRI).
    4. Richard B. Freeman, 1985. "Unions, Pensions, and Union Pension Funds," NBER Chapters,in: Pensions, Labor, and Individual Choice, pages 89-122 National Bureau of Economic Research, Inc.
    5. Even, William E & Macpherson, David A, 1990. "The Gender Gap in Pensions and Wages," The Review of Economics and Statistics, MIT Press, vol. 72(2), pages 259-265, May.
    6. Alan L. Gustman & Olivia S. Mitchell & Thomas L. Steinmeier, 1993. "The Role of Pensions in the Labor Market," NBER Working Papers 4295, National Bureau of Economic Research, Inc.
    7. Ippolito, Richard A, 1985. "The Economic Function of Underfunded Pension Plans," Journal of Law and Economics, University of Chicago Press, vol. 28(3), pages 611-651, October.
    8. Gerard Hughes & Brian Nolan, 1999. "Competitive and Segmented Labour Markets and Exclusion from Retirement Income," Papers WP108, Economic and Social Research Institute (ESRI).
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