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Work now, pay later? An empirical analysis of the pension–pay trade off


Reference:

Sessions, J. G., 2013. Work now, pay later? An empirical analysis of the pension–pay trade off. Economic Modelling, 30 (1), pp. 835-843.

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Official URL:

http://dx.doi.org/10.1016/j.econmod.2012.09.045

Abstract

We employ random effects panel data regression methodology to investigate the potential compensating differential between wages and pensions. Using data from the British Household Panel Survey (BHPS) and derived prospective pension variables as calculated by the Institute for Fiscal Studies (IFS), we find no evidence of a trade off and, indeed, some evidence of a small premium. Further analysis finds no significant differences in the results for public and private sector workers, even after controlling for sample selection bias.

Details

Item Type Articles
CreatorsSessions, J. G.
DOI10.1016/j.econmod.2012.09.045
Uncontrolled Keywordspoverty, work and justice
DepartmentsFaculty of Humanities & Social Sciences > Economics
Research CentresInstitute for Policy Research
RefereedYes
StatusPublished
ID Code32063

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