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- W2169498596 abstract "Recent conflicts over public sector defined benefit pension funding have inspired polarized debates about the need for reform, including the utility of replacing pensions with defined contribution accounts, which are popular throughout the private sector. Between 1996 and 2011, 15 American states enacted legislation to implement either mandatory or optional defined contribution accounts for certain public employees. What drove this process? This article investigates the role of political, budgetary, and contagion influences on the diffusion of defined contribution accounts for general state employees. Empirical results suggest that enactments were influenced by Republican legislative, but not executive, partisanship. Gains in state indebtedness also increased the likelihood of enactment independent of political and other factors. There is no evidence of policy learning based on neighboring state activity and no influence from two measures of organized labor power. Both quantitative and qualitative robustness checks largely reinforce these findings ." @default.
- W2169498596 created "2016-06-24" @default.
- W2169498596 creator A5002242568 @default.
- W2169498596 date "2013-03-05" @default.
- W2169498596 modified "2023-10-16" @default.
- W2169498596 title "Politics, Fiscal Necessity, or Both? Factors Driving the Enactment of Defined Contribution Accounts for Public Employees" @default.
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- W2169498596 doi "https://doi.org/10.1111/puar.12042" @default.
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