Using models developed for this study which incorporate an array of behaviors generally omitted from conventional models relating backloading to turnover, Gustman and Steinmeier find that backloading plays only a slight role in explaining mobility differences associated with pension coverage. They propose that higher wages often paid at pension-covered jobs play a greater role in reducing mobility than do pensions.
Relevant reports submitted to the Department of Labor are entitled 'Job Mobility, Older Workers and the Role of Pensions,' September 1987; 'Evaluating Pension Policies in a Model with Endogenous Contributions,' June 1988; and 'Pension Portability and Labor Mobility,' October 1990
Research supported by three grants from the U.S. Department of Labor and by a Martin Segal Fellowship through the Rockefeller Fund in Economics at Dartmouth College
9780880991513 (pbk.) ; 9780585183466 (ebook)
LABOR MARKET ISSUES; Retirement and pensions; Wages, health insurance and other benefits
Gustman, Alan L., and Thomas L. Steinmeier. 1995. Pension Incentives and Job Mobility. Kalamazoo, MI: W.E. Upjohn Institute for Employment Research. https://doi.org/10.17848/9780585183466
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