In this paper we examine how the structures of earnings, Social Security, and pension benefits affect retirement behavior. We use an intertemporal model of labor supply, paying special attention to the institutional features of private pensions and Social Security benefits. This theoretical...

Whether and how the labor market will adapt to anticipated changes in the workforce age distribution depends on how able companies are to induce desired turnover patterns among older and younger employees. This paper contends that companies can and will use pension plan provisions as powerful...

Interindustry factor mobility is a crucial determinant of the income-distribution effects of exogenous changes in relative commodity prices. This examination of interindustry variation in wages and profits using data from manufacturing industries from ...