文章基本信息

标题：Do Defined Benefit Pensions Create Monopsony Power Evidence From The Academic Labour Market
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作者：Kevin Neuman ; Scott Wallace
期刊名称：Journal of Economics and Economic Education Research
印刷版ISSN：1533-3604
出版年度：2018
卷号：19
期号：1
页码：1-18
语种：English
出版社：The DreamCatchers Group, LLC
摘要：This paper analyses the relationship between compensation mix and monopsony power across universities within the US academic labour market. Using data from the AAUP supplemented by pension information from institutions, we find an overall 8.4% reduction in total compensation for faculty with DB pensions relative to having a DC pension. We also find different effects by rank. Assistant professors with DB pensions make 5.7% less, associate professors make 9.9% less and full professors make 9.6% less than their counterparts with DC pensions. This negative effect is particularly strong for faculty in masters granting institutions.