public sector pay

Publication date: 3 Aug 2016 | Publication type: National Institute Economic Review | Theme: Macroeconomics | External authors: Cribb, J, Emmerson, C | JEL classification: J32, J38 | Journal: National Institute Economic Review Issue 237 | Publisher: Sage Publications, London
We estimate the changing value of workplace pensions in the UK and incorporate their value into an estimate of the public sector pay differential. Falling pension membership in the private sector and growing value of public service pensions led to a significant increase in the estimated public...