 Labour Market Effects of Defined Contribution Plans: An International SurveyJohn A. Turner ()
Australian Journal of Labour Economics (AJLE), 2000, vol. 4, issue 3, 224-231 Abstract: Because of the apparent simplicity of defined contribution plans, they have until recently received relatively little analysis by economists. The presumption that defined contribution plans are non-distortionary is stronger for voluntary than mandatory plans because with voluntary plans workers have the choice to not work for employers that offer them. This article argues that mandatory defined contribution plans may be structured in ways that cause them to affect worker and employer behaviour by affecting aspects of labour supply and demand. For example, any mandatory program that attempts to increase workers' retirement savings may change their labour supply behaviour, both because individuals act to minimise the consequences of the program and because of the effects of the workers' greater retirement savings, if the program succeeds in that regard. Keywords: Nonwage Labor Costs and Benefits; Private Pensions (Fringe Benefits, Cost of Social Security, Costs of Hiring and Firing) Retirement; Retirement Policies Time Allocation and Labor Supply (Hours of Work, Part-Time Employment, Employment, Work Sharing, Absenteeism) (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ozl:journl:v:4:y:2001:i:3:p:224-231 Access Statistics for this article More articles in Australian Journal of Labour Economics (AJLE) from Bankwest Curtin Economics Centre (BCEC), Curtin Business School Contact information at EDIRC. |
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