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Pensions, Labor, and Individual Choice

Af: David A. Wise Engelsk Hardback

Pensions, Labor, and Individual Choice

Af: David A. Wise Engelsk Hardback
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In recent years a decline in the labor force participation of older workers has combined with rapid current and projected increases in the number of older Americans, producing major policy debates over looming "crises" in social security and, to a lesser extent, in the private pension system. That private system is playing an increasing role in the support of retired workers and promises to be the subject of increasing scrutiny by economists and policymakers alike. Previous books on private pensions have largely neglected behavioral implications of the features of pension plans. The papers in this volume, developed from material presented at a recent National Bureau of Economic Research conference, address two aspects of the relation between varieties of labor coverage and participation in the labor force. First, age at retirement may be correlated with kind of pension coverage. The papers, in fact, provide strong evidence that individual decisions about when to retire are directly influenced by pension options. Second, pension plans usually impose a high cost on workers who change jobs, which suggests that pension coverage reduces instances of job change. Pensions, Labor, and Individual Choice quantifies these correlations and proposes a conceptual framework within which to view them.
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In recent years a decline in the labor force participation of older workers has combined with rapid current and projected increases in the number of older Americans, producing major policy debates over looming "crises" in social security and, to a lesser extent, in the private pension system. That private system is playing an increasing role in the support of retired workers and promises to be the subject of increasing scrutiny by economists and policymakers alike. Previous books on private pensions have largely neglected behavioral implications of the features of pension plans. The papers in this volume, developed from material presented at a recent National Bureau of Economic Research conference, address two aspects of the relation between varieties of labor coverage and participation in the labor force. First, age at retirement may be correlated with kind of pension coverage. The papers, in fact, provide strong evidence that individual decisions about when to retire are directly influenced by pension options. Second, pension plans usually impose a high cost on workers who change jobs, which suggests that pension coverage reduces instances of job change. Pensions, Labor, and Individual Choice quantifies these correlations and proposes a conceptual framework within which to view them.
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Se mere i:
Produktdetaljer
Sprog: Engelsk
Sider: 464
ISBN-13: 9780226902937
Indbinding: Hardback
Udgave:
ISBN-10: 0226902935
Kategori: Pensioner
Udg. Dato: 1 sep 1985
Længde: 3mm
Bredde: 16mm
Højde: 24mm
Forlag: The University of Chicago Press
Oplagsdato: 1 sep 1985
Forfatter(e): David A. Wise
Forfatter(e) David A. Wise

Kategori Pensioner

ISBN-13 9780226902937

Sprog Engelsk

Indbinding Hardback

Sider 464

Udgave

Længde 3mm

Bredde 16mm

Højde 24mm

Udg. Dato 1 sep 1985

Oplagsdato 1 sep 1985

Forlag The University of Chicago Press

Kategori sammenhænge