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The role of firm pensions for job change in Germany

Rabe, B (2005) 'The role of firm pensions for job change in Germany.' Schmollers Jahrbuch: Journal of Applied Social Science Studies, 125 (1). 63 - 74. ISSN 1439-121X

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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.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Social Sciences > Institute for Social and Economic Research
Depositing User: Jim Jamieson
Date Deposited: 06 Dec 2013 10:14
Last Modified: 17 Aug 2017 17:56

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