Menu Expand

Cite JOURNAL ARTICLE

Style

Rabe, B. The Role of Firm Pensions for Job Change in Germany. Journal of Contextual Economics – Schmollers Jahrbuch, 125(1), 63-74. https://doi.org/10.3790/schm.125.1.63
Rabe, Birgitta "The Role of Firm Pensions for Job Change in Germany" Journal of Contextual Economics – Schmollers Jahrbuch 125.1, 2005, 63-74. https://doi.org/10.3790/schm.125.1.63
Rabe, Birgitta (2005): The Role of Firm Pensions for Job Change in Germany, in: Journal of Contextual Economics – Schmollers Jahrbuch, vol. 125, iss. 1, 63-74, [online] https://doi.org/10.3790/schm.125.1.63

Format

The Role of Firm Pensions for Job Change in Germany

Rabe, Birgitta

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

Additional Information

Article Details

Rabe, Birgitta

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.