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Detail
ArtikelPensions and Wages : An Hedonic Price Theory Approach  
Oleh: Shaw, Kathryn ; Montgomery, Edward
Jenis: Article from Bulletin/Magazine
Dalam koleksi: INTERNATIONAL ECONOMIC REVIEW vol. 33 no. 1 (1992), page 111-128.
Topik: pensions; pensions; wages; hedonic price
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: II49.2
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelThis paper examines whether a tradeoff exists between the level of pension benefits and wages. The 1983 Survey of Consumer Finances is used to match detailed information on pension plans to worker characteristics for a random sample of the population. The pension - wage tradeoff is estimated using both a contractual model of the labor market and the spot market model used in previous studies. The results indicate a large negative tradeoff in the contractual model but only a negligible tradeoff in the spot market model. Results from estimating the underlying structural equations for pensions are also presented.
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