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Title: Wages and Pension Benefits Among Older Workers: Theory and Evidence
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Johnson, Richard W. |
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Wages and Pension Benefits Among Older Workers: Theory and Evidence Ph.D. Dissertation, University of Pennsylvania 1993 Cohort(s): Older Men Publisher: UMI - University Microfilms, Bell and Howell Information and Learning Keyword(s): Benefits; Human Capital Theory; Job Training; Pensions; Private Sector; Social Security; Taxes; Training; Wage Dynamics; Wage Growth The three essays in this dissertation analyze wages and pension benefits among older workers. The first chapter suggests that the role of pensions in the labor market is to provide an optimal means of deferring compensation once workers invest in specific human capital. The second chapter analyzes differences in pension coverage in the public and private sectors and finds evidence that the relative generosity of pensions among government workers can be explained by the ability of taxpayers to underfund government retirement plans. The third chapter re-examines the evidence on whether real wages decline with age among older men. |
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Bibliography Citation
Johnson, Richard W. Wages and Pension Benefits Among Older Workers: Theory and Evidence. Ph.D. Dissertation, University of Pennsylvania 1993. |