Abstract
Using a large new data set we present results from the first econometric study of the effects of pensions on firm performance in Germany. We find evidence for positive effects on wages, reduction of labor turnover, training, and profits.
This is a preview of subscription content, log in via an institution to check access.
Similar content being viewed by others
References
Brand, Ruth et al. The Hannover Firm Panel, Diskussionspapier Nr. 2 (Forschungsstelle Firmenpanel, UniversitÄt Hannover), 1996.
Dorsey, Stuart, Christopher Cornwell, and David Macpherson. Pensions and Productivity. Kalamazoo, Mich.: W.E. Upjohn Institute for Employment Research, 1988.
Gustman, Alan L., Olivia S. Mitchell, and Thomas L. Steinmeier. “The Role of Pensions in the Labor Market: A Survey of the Literature. Industrial and Labor Relations Review 47 (April 1994): 417–38.
Ippolito, Richard A. Pension Plans and Employee Performance. Chicago: University of Chicago Press, 1998.
Author information
Authors and Affiliations
Additional information
We use data from the Hannover Firm Panel Study which was financially supported by the Volkswagen Foundation.
Rights and permissions
About this article
Cite this article
Schnabel, C., Wagner, J. A note on pensions and firm performance: First evidence from german micro data. J Labor Res 22, 207–211 (2001). https://doi.org/10.1007/s12122-001-1013-z
Issue Date:
DOI: https://doi.org/10.1007/s12122-001-1013-z