| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w20582 |
| 来源ID | Working Paper 20582 |
| How Much Are Public School Teachers Willing to Pay for Their Retirement Benefits? | |
| Maria Donovan Fitzpatrick | |
| 发表日期 | 2014-10-13 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | Public sector employees receive large fractions of their lifetime income in the form of deferred compensation. The introduction of the opportunity provided to Illinois public school employees to purchase additional pension benefits allows me to estimate employees' willingness-to-pay for benefits relative to the cost of providing them. The results show employees are willing to pay 20 cents on average for a dollar increase in the present value of expected retirement benefits. The findings suggest substantial inefficiency in compensation and cast doubt on the ability of deferred compensation schemes to attract employees. |
| 主题 | Public Economics ; National Fiscal Issues ; Subnational Fiscal Issues ; Health, Education, and Welfare ; Education ; Labor Economics ; Labor Supply and Demand ; Labor Market Structures |
| URL | https://www.nber.org/papers/w20582 |
| 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/578256 |
| 推荐引用方式 GB/T 7714 | Maria Donovan Fitzpatrick. How Much Are Public School Teachers Willing to Pay for Their Retirement Benefits?. 2014. |
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