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Title: Wages, Pensions, and Compensation Profiles
Resulting in 1 citation.
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Johnson, Richard W. |
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Wages, Pensions, and Compensation Profiles Presented: San Francisco, CA, Population Association of America Meetings, 1995 Cohort(s): Mature Women Publisher: Population Association of America Keyword(s): Benefits; Benefits, Insurance; Demography; Life Cycle Research; Pensions; Wage Levels; Wage Models; Wages Permission to reprint the abstract has not been received from the publisher. Data limitations have generally limited our knowledge of labor market compensation to what can be learned from information on wages. However, inferences drawn from an analysis of wage levels and age-wage profiles may be misleading, since a significant portion of total compensation is received in the form of non-wage benefits. Moreover, many types of benefits, such as pension wealth and health insurance, do not accrue evenly over the life-cycle; instead, they tend to be backloaded late in the career. Recently released data from the National Longitudinal Survey of Mature Women now enable researchers to consider a more complete definition of compensation. In addition to providing a 22-year wage history, the NLSMW includes a pension provider supplement, supplying detailed information on the pension plan provisions of respondents and their husbands. Using these data, I calculate the sum of wages and annual accruals to pension wealth, and analyze how this sum changes over the life-cycle. I compare these profiles for different demographic groups. |
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Bibliography Citation
Johnson, Richard W. "Wages, Pensions, and Compensation Profiles." Presented: San Francisco, CA, Population Association of America Meetings, 1995. |