Journal Article

Work now, pay later? An empirical analysis of the pension-pay trade off

Authors

Publication date

2013

Summary

We employ random effects panel data regression methodology to investigate the potential compensating differential between wages and pensions. Using data from the British Household Panel Survey (BHPS) and derived prospective pension variables as calculated by the Institute for Fiscal Studies (IFS), we find no evidence of a trade off and, indeed, some evidence of a small premium. Further analysis finds no significant differences in the results for public and private sector workers, even after controlling for sample selection bias.

Published in

Economic Modelling

Volume and page numbers

30 , 835 -843

DOI

http://dx.doi.org/10.1016/j.econmod.2012.09.045

ISSN

16

Subjects

Pensions and Wages And Earnings

Links

http://serlib0.essex.ac.uk/record=b1613608~S5

Notes

Albert Sloman Library Periodicals *restricted to Univ. Essex registered users*

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