Showing 1 - 10 of 2,276
In this paper we document the importance of framing effects in the retirement savings decisions of college professors … contribution. Employees can also make tax-deferred contributions to a supplemental savings account. A standard lifecycle savings … model predicts a "dollar-for-dollar" tradeoff between supplemental savings and the combined regular pension contributions …
Persistent link: https://www.econbiz.de/10003603599
This paper considers the role of gender in the promotion process and the impact of promotion on wages and wage growth, using data from the National Longitudinal Survey of Youth (NLSY79). Its focus is upon mid-career promotion and wages, thereby complementing extant studies of the NLSY that...
Persistent link: https://www.econbiz.de/10009629126
High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well-being. This paper studies the importance of individual economic security, in particular job security, in workers' well-being by exploiting sector-specific institutional differences...
Persistent link: https://www.econbiz.de/10003661548
We analyze how sexual orientation is related to household savings using 2000 US Census data, and find that gay and … their married counterparts. In a household savings model, we interpret this homosexual-specific differential as due to the … than married ones. Evidence from homeowners' ratio of mortgage payments to house value exhibits the same pattern of savings …
Persistent link: https://www.econbiz.de/10003968422
Empirical analyses of the effects of public and private pensions on household saving impose strong assumptions in order to obtain a tractable empirical model: fixed retirement and pension claiming ages, no borrowing constraint, little or no uncertainty, and no institutional restrictions on...
Persistent link: https://www.econbiz.de/10009233017
Using a representative survey combined with register data on long-term labour market outcomes, this paper examines how personality traits predict sorting into public and private sector employment among prime working-age individuals. To gain deeper insights into the dynamic dimensions of the...
Persistent link: https://www.econbiz.de/10012431875
This study is the first to provide a systematic measure of bribery using micro-level data on reported earnings, household spending and asset holdings. We use the compensating differential framework and the estimated sectoral gap in reported earnings and expenditures to identify the size of...
Persistent link: https://www.econbiz.de/10003336505
The paper starts with discussing institutional framework for public sector wage setting in Russia. Given that individual choice of the sector is endogenous to wages, the authors recommend alternative econometric techniques for the public-private wage gap estimation. Applying switching regression...
Persistent link: https://www.econbiz.de/10003794115
Using a unique eight-year data set, merging population census and national insurance data, the paper examines and compares patterns of wage mobility in Israel. First, the public and the private sectors are compared. Second, within each of these sectors, a distinction is made between sub-sector...
Persistent link: https://www.econbiz.de/10003473881
This paper draws attention to an increase in the size of the union membership wage premium in the UK public sector relative to the private sector. We find the public sector membership wage premium is approximately double that in the private sector controlling for a full range of individual, job...
Persistent link: https://www.econbiz.de/10003561624