Pensions and Training
- 1 January 1997
- journal article
- Published by Wiley in Industrial Relations: A Journal of Economy and Society
- Vol. 36 (1) , 81-96
- https://doi.org/10.1111/0019-8676.421997005
Abstract
Economic analysis of private pensions commonly assumes that incentives for long tenure and early retirement enhance workforce productivity. An implication of the productivity theory of pensions is that workers who receive job training are more likely to be covered. We test this prediction with data from the Current Population Survey (CPS). We find a strong positive relationship between pensions and training, even after controlling for income and other worker and firm characteristics.This publication has 0 references indexed in Scilit: