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Pension Incentives And Job Mobility, Alan L. Gustman, Thomas L. Steinmeier
Pension Incentives And Job Mobility, Alan L. Gustman, Thomas L. Steinmeier
Upjohn Press
Using models developed for this study which incorporate an array of behaviors generally omitted from conventional models relating backloading to turnover, Gustman and Steinmeier find that backloading plays only a slight role in explaining mobility differences associated with pension coverage. They propose that higher wages often paid at pension-covered jobs play a greater role in reducing mobility than do pensions.