x法则与公立学校教师的退休时间

IF 1.8 4区经济学 Q2 ECONOMICS

Economics Letters Pub Date : 2025-09-23 DOI:10.1016/j.econlet.2025.112636

Dongwoo Kim, Cory Koedel, Eugenia Gorina, James Harrington

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引用次数: 0

摘要

rule -of- x是美国各州和地方养老金计划的一个共同特点。它允许员工在年龄和工作经验达到规定金额（通常在80至90岁之间）时退休，并获得全额福利。我们研究了德克萨斯州公立学校教师对X规则的退休反应，其中X = 80。这种反应是实质性的，并导致教师职业生涯缩短，可能是由于教师的金钱激励和参考点效应的变化。如果忽略后者，我们估计退休响应相对于货币变化的弹性为3.3。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Rule-of-X and the retirement timing of public school teachers

Rule-of-X is a common feature of state and local pension plans in the U.S. It allows workers to retire with full benefits once their age and experience sum to the rule amount, typically between 80 and 90. We study the retirement response to Rule-of-X among Texas public school teachers, where X = 80. The response is substantial and leads to shorter teaching careers, likely due to a change to teachers’ pecuniary incentives and a reference-point effect. If we ignore the latter, we estimate the elasticity of the retirement response with respect to the pecuniary change is 3.3.

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来源期刊

Economics Letters ECONOMICS-

CiteScore

3.20

自引率

5.00%

发文量

348

审稿时长

30 days

期刊介绍： Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.