Ebook446 pages10 hours
Pensions, Labor, and Individual Choice
Rating: 0 out of 5 stars
()
About this ebook
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.
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.
Related to Pensions, Labor, and Individual Choice
Related ebooks
Issues in Pension Economics Rating: 0 out of 5 stars0 ratingsFinancial Aspects of the United States Pension System Rating: 5 out of 5 stars5/5Pensions in the U.S. Economy Rating: 0 out of 5 stars0 ratingsThe Economics of Aging Rating: 0 out of 5 stars0 ratingsTopics in the Economics of Aging Rating: 0 out of 5 stars0 ratingsPublic Sector Payrolls Rating: 5 out of 5 stars5/5Advances in the Economics of Aging Rating: 0 out of 5 stars0 ratingsIssues in the Economics of Aging Rating: 0 out of 5 stars0 ratingsFrontiers in the Economics of Aging Rating: 0 out of 5 stars0 ratingsCorporate Capital Structures in the United States Rating: 0 out of 5 stars0 ratingsStudies in the Economics of Aging Rating: 0 out of 5 stars0 ratingsInquiries in the Economics of Aging Rating: 0 out of 5 stars0 ratingsA Retrospective on the Bretton Woods System: Lessons for International Monetary Reform Rating: 0 out of 5 stars0 ratingsMisalignment of Exchange Rates: Effects on Trade and Industry Rating: 0 out of 5 stars0 ratingsForeign Direct Investment Rating: 0 out of 5 stars0 ratingsThe Effects of Taxation on Capital Accumulation Rating: 0 out of 5 stars0 ratingsHealth and Welfare during Industrialization Rating: 0 out of 5 stars0 ratingsReducing Inflation: Motivation and Strategy Rating: 0 out of 5 stars0 ratingsWhen Public Sector Workers Unionize Rating: 0 out of 5 stars0 ratingsMeans-Tested Transfer Programs in the United States Rating: 0 out of 5 stars0 ratingsWorks Councils: Consultation, Representation, and Cooperation in Industrial Relations Rating: 0 out of 5 stars0 ratingsFiscal Federalism: Quantitative Studies Rating: 0 out of 5 stars0 ratingsThe Changing Roles of Debt and Equity in Financing U.S. Capital Formation Rating: 0 out of 5 stars0 ratingsStudies in State and Local Public Finance Rating: 4 out of 5 stars4/5Corporate Takeovers: Causes and Consequences Rating: 0 out of 5 stars0 ratingsThe Economics of Property-Casualty Insurance Rating: 4 out of 5 stars4/5The American Business Cycle: Continuity and Change Rating: 0 out of 5 stars0 ratingsAsymmetric Information, Corporate Finance, and Investment Rating: 0 out of 5 stars0 ratingsImmigration, Trade, and the Labor Market Rating: 0 out of 5 stars0 ratingsDeveloping Country Debt and Economic Performance, Volume 1: The International Financial System Rating: 0 out of 5 stars0 ratings
Personal Finance For You
Summary of The 48 Laws of Power by Robert Greene Rating: 4 out of 5 stars4/5The Millionaire Next Door Rating: 4 out of 5 stars4/5The Psychology of Money: Timeless lessons on wealth, greed, and happiness Rating: 5 out of 5 stars5/5Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life Rating: 4 out of 5 stars4/5Rich Dad Poor Dad Rating: 5 out of 5 stars5/5Principles: Life and Work Rating: 4 out of 5 stars4/5The Black Girl's Guide to Financial Freedom: Build Wealth, Retire Early, and Live the Life of Your Dreams Rating: 5 out of 5 stars5/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5Financial Feminist: Overcome the Patriarchy's Bullsh*t to Master Your Money and Build a Life You Love Rating: 5 out of 5 stars5/5Summary of R. Nelson Nash's Becoming Your Own Banker Rating: 0 out of 5 stars0 ratingsThe Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns Rating: 4 out of 5 stars4/5Personal Finance For Dummies Rating: 4 out of 5 stars4/5Legal Loopholes: Credit Repair Tactics Exposed Rating: 4 out of 5 stars4/5Summary of I Will Teach You To Be Rich: by Ramit Sethi | Includes Analysis Rating: 3 out of 5 stars3/5The Money Answer Book Rating: 4 out of 5 stars4/5Money. Wealth. Life Insurance. Rating: 5 out of 5 stars5/5We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Die With Zero: Getting All You Can from Your Money and Your Life Rating: 4 out of 5 stars4/5Rich Dad's Cashflow Quadrant Rating: 4 out of 5 stars4/5Happy Money: The Japanese Art of Making Peace with Your Money Rating: 5 out of 5 stars5/5Money Hacks: 275+ Ways to Decrease Spending, Increase Savings, and Make Your Money Work for You! Rating: 4 out of 5 stars4/5Summary of Timothy Ferriss' book: The 4-Hour Workweek: More time, more money, more life: Summary Rating: 5 out of 5 stars5/5Lower Your Taxes - BIG TIME! 2023-2024: Small Business Wealth Building and Tax Reduction Secrets from an IRS Insider Rating: 0 out of 5 stars0 ratings
Reviews for Pensions, Labor, and Individual Choice
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews
Book preview
Pensions, Labor, and Individual Choice - David A. Wise
Enjoying the preview?
Page 1 of 1