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- W45848404 abstract "The theory of equalizing differences suggests that employer provided pension benefits should be compensated by reduced wage benefits for an employee’s given produc-tivity potential. This paper presents an empirical analysis of compensating wage differentials for occupational pension scheme benefits in the UK using the newly available English Longi-tudinal Study of Ageing. The data allows us to differentiate between Defined Benefit (DB) and Defined Contribution (DC) schemes and to consider different measures of pension bene-fits based on current contributions and changes in accrued pension benefit rights. In our pre-ferred specifications we find evidence for perfect compensating wage differentials for both occupational DB and DC pension scheme benefits." @default.
- W45848404 created "2016-06-24" @default.
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- W45848404 date "2006-05-01" @default.
- W45848404 modified "2023-10-02" @default.
- W45848404 title "Compensating wage differentials for defined benefit and defined contribution occupational pension scheme benefits" @default.
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