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Pensions and productivity.(Review) (book review)

Publication: International Labour Review
Date: Thursday, June 22 2000

Dorsey, Stuart; Cornwell, Christopher; Macpherson, David. Pensions and productivity. Kalamazoo, MI, W. E. Upjohn Institute for Employment Research, 1998. viii + 139 pp. Tables, figures, bibliography, indices. ISBN 0-88099-185-2.

Most studies of private pensions have focused on the advantages of saving for retirement through a pension. But this one takes a different angle: the internal labour market perspective, which suggests that in addition to providing a vehicle for retirement saving, defined-benefit pension schemes establish incentives that promote productivity. It

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