CHANGES IN THE RELATIVE PROVISION OF PUBLIC-SECTOR PENSIONS

Citation
D. Belman et Js. Heywood, CHANGES IN THE RELATIVE PROVISION OF PUBLIC-SECTOR PENSIONS, Public finance quarterly, 25(4), 1997, pp. 426-441
Citations number
14
Categorie Soggetti
Business Finance
Journal title
ISSN journal
10911421
Volume
25
Issue
4
Year of publication
1997
Pages
426 - 441
Database
ISI
SICI code
1091-1421(1997)25:4<426:CITRPO>2.0.ZU;2-4
Abstract
A decline in pension coverage during the 1980s for males in the privat e sector is confirmed and is contrasted with the federal, state, and l ocal sectors in which no such decline is found. As a consequence, the governmental advantage in the probability of coverage grew over the 19 80s. This remains true even in the most appropriate testing methodolog y in which worker earnings are endogenous and in which otherwise const ant characteristics are moved between years and sectors. Government wa ge differentials are estimated as a byproduct of this methodology and show a tendency toward comparability over the 1980s.