The Costs of Defined Benefit Pension Plans and Firm Adjustments
Burt S. Barnow, Ronald G. Ehrenberg
The Quarterly Journal of Economics · 1979 · Volume 93 · Issue 4
Abstract
I. Introduction, 523.—II. A defined benefit plan with level wages, 525.—III. Life cycle wage growth, 530.—IV. Implications for labor market adjustments, 534.—V. Concluding remarks, 538.
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