Pensions, Labor, and Individual Choice

Author:   David A. Wise
Publisher:   The University of Chicago Press
ISBN:  

9780226902937


Pages:   464
Publication Date:   01 September 1985
Format:   Hardback
Availability:   Out of stock   Availability explained
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Pensions, Labor, and Individual Choice


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Overview

"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."

Full Product Details

Author:   David A. Wise
Publisher:   The University of Chicago Press
Imprint:   University of Chicago Press
Dimensions:   Width: 1.60cm , Height: 0.30cm , Length: 2.40cm
Weight:   0.794kg
ISBN:  

9780226902937


ISBN 10:   0226902935
Pages:   464
Publication Date:   01 September 1985
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   Out of stock   Availability explained
The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available.

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David A. Wise is Stambough Professor of Political Economy at the John F. Kennedy School of Government at Harvard University.

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