| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w10714 |
| 来源ID | Working Paper 10714 |
| Explaining the Evolution of Pension Structure and Job Tenure | |
| Leora Friedberg; Michael Owyang | |
| 发表日期 | 2004-08-30 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | Current and expected job tenure have fallen significantly over the last two decades. Over the same period, traditional defined benefit pensions, designed to reward long tenure, have become steadily less common. This paper uses a contract-theoretic matching model with moral hazard to explain changes in pension structure and job tenure. In our model, a decline in the value of existing jobs relative to new jobs reduces expected match duration and thus the appeal of DB pensions. We show that this explanation is consistent with observed trends and suggests an additional consequence of technological change that has not been closely studied. |
| 主题 | Labor Economics ; Labor Compensation ; Unemployment and Immigration |
| URL | https://www.nber.org/papers/w10714 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/568346 |
| 推荐引用方式 GB/T 7714 | Leora Friedberg,Michael Owyang. Explaining the Evolution of Pension Structure and Job Tenure. 2004. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w10714.pdf（911KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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