| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w18502 |
| 来源ID | Working Paper 18502 |
| Retirement Pay and Officer Retention | |
| Jeffrey S. Smith; James E. West | |
| 发表日期 | 2012-11-01 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | We use data from a natural experiment in which retirement benefits were reduced by congressional legislation and later restored to estimate the effect of future retirement benefit eligibility upon the decision of whether to remain in the U.S. military. We find that the generosity of retirement benefits is significantly correlated with the decision to remain in service until members qualify for benefits. The estimated effect of a 20 percent reduction in the generosity of retirement benefits upon the probability of remaining on active duty is equivalent to the effect of a 0.27 percentage point reduction in the unemployment rate, or approximately a 2 percent increase in the GDP growth rate. |
| 主题 | Public Economics ; Taxation ; National Fiscal Issues |
| URL | https://www.nber.org/papers/w18502 |
| 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/576177 |
| 推荐引用方式 GB/T 7714 | Jeffrey S. Smith,James E. West. Retirement Pay and Officer Retention. 2012. |
| 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 | ||
| w18502.pdf（316KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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