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Severance Pay, Pensions, and Efficient Mobility

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NBER1982-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w0854
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This paper argues that pensions are used as severance pay devices in an efficient compensation scheme. The major points of the study are: (1) Severance pay, which takes the form of higher pension values for early retirement, is widespread. (2) A major reason for the existence of pensions is the
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1982-02-01
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