🚨Updated paper alert🚨
We examine a pension reform in Texas that cut benefits and penalized early retirement. We find, somewhat paradoxically, that it increased retention and output, apparently by making early retirement less attractive.
@acjohnston.bsky.social
Economist and dad to little lovely monsters.
🚨Updated paper alert🚨
We examine a pension reform in Texas that cut benefits and penalized early retirement. We find, somewhat paradoxically, that it increased retention and output, apparently by making early retirement less attractive.