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

John G Sessions

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

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.
Original languageEnglish
Pages (from-to)835-843
Number of pages9
JournalEconomic Modelling
Volume30
Issue number1
DOIs
Publication statusPublished - Jan 2013

Keywords

  • Poverty, work and justice

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