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The role of pensions in the labor market

Author: Alan L Gustman; Thomas L Steinmeier; Olivia S Mitchell; National Bureau of Economic Research.
Publisher: Cambridge, MA : National Bureau of Economic Research, [1993]
Series: Working paper series (National Bureau of Economic Research), working paper no. 4295.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Abstract: Employer-sponsored group pension plans offer an unusual window into long-term employment relationships. This is because the pension promise is documented in a set of explicit statements regarding future payment and employment agreements between workers and their employers. In this paper, we show that recent research on pensions in the labor market offers considerable insight into long-term labor market  Read more...
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Details

Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Alan L Gustman; Thomas L Steinmeier; Olivia S Mitchell; National Bureau of Economic Research.
OCLC Number: 70045076
Notes: "March 1993."
Description: 1 online resource (48 pages) : illustrations.
Series Title: Working paper series (National Bureau of Economic Research), working paper no. 4295.
Responsibility: Alan Gustman, Olivia S. Mitchell, Thomas Steinmeier.

Abstract:

Abstract: Employer-sponsored group pension plans offer an unusual window into long-term employment relationships. This is because the pension promise is documented in a set of explicit statements regarding future payment and employment agreements between workers and their employers. In this paper, we show that recent research on pensions in the labor market offers considerable insight into long-term labor market arrangements. Most importantly. we explore how pensions influence employee compensation. retirement, turnover, and other matters central to the determination of labors' price and quantity over time. A number of unanswered questions. and difficult-to-reconcile empirical findings, are also outlined.

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