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Seniority wages and the role of firms in retirement
Frimmel, Wolfgang; Horvath, Gerard Thomas; … - 2015
In general, retirement is seen as a pure labor supply phenomenon, but firms can have strong incentives to send expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep seniority wage profiles as incentives for firms to dismiss older...
Persistent link: https://www.econbiz.de/10011341771
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Seniority wages and the role of firms in retirement
Frimmel, Wolfgang; Horvath, Gerard Thomas; … - 2015
In general, retirement is seen as a pure labor supply phenomenon, but firms can have strong incentives to send expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep seniority wage profiles as incentives for firms to dismiss older...
Persistent link: https://www.econbiz.de/10011296070
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Seniority wages and the role of firms in retirement
Frimmel, Wolfgang; Horvath, Gerard Thomas; … - 2015
In general, retirement is seen as a pure labor supply phenomenon, but firms can have strong incentives to send expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep seniority wage profiles as incentives for firms to dismiss older...
Persistent link: https://www.econbiz.de/10011296975
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Seniority Wages and the Role of Firms in Retirement
Frimmel, Wolfgang - 2015
In general, retirement is seen as a pure labor supply phenomenon, but firms can have strong incentives to send expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep seniority wage profiles as incentives for firms to dismiss older...
Persistent link: https://www.econbiz.de/10013016305
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Training and wages of older workers in Europe
Belloni, Michele; Villosio, Claudia - Collegio Carlo Alberto, Università degli Studi di Torino - 2014
training is widely recognized among the international research and policy community as a key element to increase or at least … limit the decline in productivity of older workers. This paper investigates the relationship between training undertaken by … European older workers and their wages, relying on the Survey of Health, Ageing and Retirement in Europe. Undertaking training …
Persistent link: https://www.econbiz.de/10011099025
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Training and wages of older workers in Europe
Belloni, Michele; Villosio, Claudia - Dipartimento di Economia, Università Ca' Foscari Venezia - 2014
training is widely recognized among the international research and policy community as a key element to increase or at least … limit the decline in productivity of older workers. This paper investigates the relationship between training undertaken by … European older workers and their wages, relying on the Survey of Health, Ageing and Retirement in Europe. Undertaking training …
Persistent link: https://www.econbiz.de/10011194191
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Increasing the Legal Retirement Age : The Impact on Wages, Worker Flows and Firm Performance
Martins, Pedro S. - 2009
Many pay-as-you-go pension systems have increased or plan to increase their legal retirement age (LRA) to address the financial consequences of ageing. Although the success of these policies is ultimately determined at the labour market, little is known about the effects of higher LRAs at the...
Persistent link: https://www.econbiz.de/10013159341
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Adjustment of deferred compensation schemes, fairness concerns, and hiring of older workers
Pfeifer, Christian - 2009
Hutchens (1986, Journal of Labor Economics 4(4), pp. 439-457) argues that deferred compensation schemes impose fixed-costs to firms and, therefore, they employ older workers but prefer to hire younger workers. This paper shows that deferred compensation can be a recruitment barrier even without...
Persistent link: https://www.econbiz.de/10003918724
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Automatic enrollment, employer match rates and employee compensation in 401(k) plans
Butrica, Barbara A.; Karamcheva, Nadia S. - 2015
This study uses restricted-access employer-level microdata from the National Compensation Survey to examine the relationship between automatic enrollment and employee compensation. By boosting plan participation, automatic enrollment has the potential to increase employer defined contribution...
Persistent link: https://www.econbiz.de/10010472485
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Work-Related Training and Wages : An Empirical Analysis for Male Workers in Switzerland
Gerfin, Michael - 2004
Work-related training is considered to be very important for providing the workforce with the necessary skills for … training should be an increased productivity of the trained workers. This paper provides estimates of the effects of training … Force Survey (SLFS) I estimate these effects using nonparametric matching methods. Training is measured either as firm …
Persistent link: https://www.econbiz.de/10010261839