| 000 | 02538cam a22003857 4500 | ||
|---|---|---|---|
| 001 | w11808 | ||
| 003 | NBER | ||
| 005 | 20211020112419.0 | ||
| 006 | m o d | ||
| 007 | cr cnu|||||||| | ||
| 008 | 210910s2005 mau fo 000 0 eng d | ||
| 100 | 1 |
_aFriedberg, Leora. _910767 |
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| 245 | 1 | 0 |
_aSearching for Better Prospects: _bEndogenizing Falling Job Tenure and Private Pension Coverage / _cLeora Friedberg, Michael T. Owyang, Tara M. Sinclair. |
| 260 |
_aCambridge, Mass. _bNational Bureau of Economic Research _c2005. |
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| 300 |
_a1 online resource: _billustrations (black and white); |
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| 490 | 1 |
_aNBER working paper series _vno. w11808 |
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| 500 | _aDecember 2005. | ||
| 520 | 3 | _aRecent declines in job tenure have coincided with a shift away from traditional defined benefit (DB) pensions, which reward long tenure. Recent evidence also points to an increase in job-to-job movements by workers, and we document gains in relative wages of job-to-job movers over a similar period. We develop a search model in which firms may offer tenure-based contracts like DB pensions to reduce the incidence of costly on-the-job search by workers. Reduced search costs can, under fairly general conditions, lower the value of deterring search and the use of DB pensions. | |
| 530 | _aHardcopy version available to institutional subscribers | ||
| 538 | _aSystem requirements: Adobe [Acrobat] Reader required for PDF files. | ||
| 538 | _aMode of access: World Wide Web. | ||
| 588 | 0 | _aPrint version record | |
| 690 | 7 |
_aE24 - Employment • Unemployment • Wages • Intergenerational Income Distribution • Aggregate Human Capital • Aggregate Labor Productivity _2Journal of Economic Literature class. |
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| 690 | 7 |
_aJ32 - Nonwage Labor Costs and Benefits • Retirement Plans • Private Pensions _2Journal of Economic Literature class. |
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| 690 | 7 |
_aJ41 - Labor Contracts _2Journal of Economic Literature class. |
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| 690 | 7 |
_aJ63 - Turnover • Vacancies • Layoffs _2Journal of Economic Literature class. |
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| 690 | 7 |
_aJ64 - Unemployment: Models, Duration, Incidence, and Job Search _2Journal of Economic Literature class. |
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| 700 | 1 |
_aOwyang, Michael T. _918020 |
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| 700 | 1 | _aSinclair, Tara M. | |
| 710 | 2 | _aNational Bureau of Economic Research. | |
| 830 | 0 |
_aWorking Paper Series (National Bureau of Economic Research) _vno. w11808. |
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| 856 | 4 | 0 | _uhttps://www.nber.org/papers/w11808 |
| 856 |
_yAcceso en línea al DOI _uhttp://dx.doi.org/10.3386/w11808 |
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_2ddc _cW-PAPER |
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| 999 |
_c336340 _d294902 |
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