1 option
Incentive Effects of Pensions / Edward P. Lazear.
- Format:
- Book
- Author/Creator:
- Lazear, Edward P.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w1126.
- NBER working paper series no. w1126
- Language:
- English
- Subjects (All):
- Old age pensions--United States.
- Old age pensions.
- Retirement age--United States.
- Retirement age.
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1983.
- Cambridge, Massachusetts : National Bureau of Economic Research, 1983.
- Summary:
- Many different types of pension plans exist in American firms. The stipulations of plans vary dramatically, even among large firms, with respect to vesting, relationship of the pension to final salary, maximum and minimum years of service constraints, and maximum and minimum benefit levels. These provisions are examined to determine their effects on worker behavior.Specifically, the paper analyes which plans encourage or discourage appropriate worker responses in hours worked, turnover, human capital investment and effort. An attempt is made to explain the provisions in light of the findings.
- Notes:
- Print version record
- May 1983.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.