全球智库信息集成服务系统(G2TT): Searching for Better Prospects: Endogenizing Falling Job Tenure and Private Pension Coverage

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w11808
来源ID	Working Paper 11808
	Searching for Better Prospects: Endogenizing Falling Job Tenure and Private Pension Coverage
	Leora Friedberg; Michael T. Owyang; Tara M. Sinclair
发表日期	2005-12-05
出版年	2005
语种	英语
摘要	Recent declines in job tenure have coincided with a shift away from traditional defined benefit (DB) pensions, which reward long tenure. Recent evidence also points to an increase in job-to-job movements by workers, and we document gains in relative wages of job-to-job movers over a similar period. We develop a search model in which firms may offer tenure-based contracts like DB pensions to reduce the incidence of costly on-the-job search by workers. Reduced search costs can, under fairly general conditions, lower the value of deterring search and the use of DB pensions.
主题	Macroeconomics ; Consumption and Investment ; Labor Economics ; Labor Compensation ; Labor Market Structures ; Unemployment and Immigration
URL	https://www.nber.org/papers/w11808
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/569459
推荐引用方式 GB/T 7714	Leora Friedberg,Michael T. Owyang,Tara M. Sinclair. Searching for Better Prospects: Endogenizing Falling Job Tenure and Private Pension Coverage. 2005.