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Direct linkKong, Wei; Ni, Shawn – Educational Researcher, 2023
The growing fiscal cost of K-12 teacher pension plans and pension-induced labor market distortions have led to calls for teacher pension reforms. Dynamic structural econometric models are a useful way to analyze the fiscal and staffing consequences of current and alternative retirement plans. This article lays out the benefits of the structural…
Descriptors: Economics, Statistical Analysis, Teacher Retirement, Retirement Benefits
