Job tenure and the spread of 401(k)s

Munnell, Alicia Haydock, Kelly Haverstick, and Geoffrey Sanzenbacher. “Job tenure and the spread of 401(k)s”. Issue in Brief 55, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, September 2006. http://hdl.handle.net/2345/bc-ir:104452.
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Abstract

Commentators constantly cite an increase in labor mobility as a major reason for the shift in the private sector from defined benefit to defined contribution plans. But while most casual observers accept such a phenomenon, economists have been hard pressed to find any significant change over time. Only in recent years have the data indicated that mobility might have increased for some groups. This pattern suggests that the advent of 401(k) plans led to an increase in mobility rather than an increase in mobility leading to the proliferation of 401(k)s. This brief attempts to sort out this "chicken and egg" issue using data from the Current Population Survey (CPS) and the Survey of Income and Program Participation (SIPP)...

Title
Job tenure and the spread of 401(k)s
Author
Munnell, Alicia Haydock
Haverstick, Kelly
Sanzenbacher, Geoffrey
School
Carroll School of Management
Discipline
Finance
Center
Center for Retirement Research
Genre
report
Date Issued
September 2006
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
55
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:104452
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Financing retirement

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