Pension Inequality

Edward P. Lazear and Sherwin Rosen

No 1477, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Pensions may contribute to male/female or black/white inequality to the extent that white males are more likely to receive pensions than are other groups. Conditional on receiving pensions, the value of pension benefits varies because white males have the highest level of expected tenure atretirement. By using a combination of the Current Population Survey and the 1980 Banker's Trust Corpprate Pension Plan Study, we find that the existence of pension plans contributes to black/white inequality but leaves male/female inequality unchanged among whites. Even though females are less likely tor eceive pensions than males, those females who do receive pensions enjoy generous ones. Among blacks, pensions exacerbate sex differences because black women are only about 75% as likely to receive pensions as black males.

Date: 1984-10
Note: LS
View list of references View citations in EconPapers

Downloads: (external link)
http://www.nber.org/papers/w1477.pdf (application/pdf)
Access to the full text is generally limited to series subscribers, however if the top level domain of the client browser is in a developing country or transition economy free access is provided. More information about subscriptions and free access is available at http://www.nber.org/wwphelp.html.

Related works:
Chapter: Pension Inequality (1987)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:nbr:nberwo:1477

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w1477
The price is Paper copy available by mail.

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc
Address: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.
Contact information at EDIRC.
Series data maintained by ().