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The Role of Firm Pensions for Job Change in Germany

Year:    2005

Author:    Rabe, Birgitta

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 125 (2005), Iss. 1 : pp. 63–74

Abstract

This paper studies the role of occupational pensions for voluntary job mobility in Germany. The analysis is based on individual data from the German Socio-Economic Panel (SOEP) for the period 1995-1998. We estimate the effects of pension portability loss on voluntary job changes using a sample selection model with bootstrapping. The main findings are that occupational pension coverage reduces worker mobility by imposing a capital loss on those leaving their job before retirement age. A higher compensation in pension-covered jobs is important too.

Journal Article Details

Publisher Name:    Global Science Press

Language:    Multiple languages

DOI:    https://doi.org/10.3790/schm.125.1.63

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 125 (2005), Iss. 1 : pp. 63–74

Published online:    2005-01

AMS Subject Headings:    Duncker & Humblot

Copyright:    COPYRIGHT: © Global Science Press

Pages:    12

Author Details

Rabe, Birgitta

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