英文關鍵字：
Public Employee Pension;Wage;Working Hours;Labor Participation
期刊及卷期：
Taipei Economic Inquiry, 第57卷, 第1期, 第123-171(TSSCI)頁
摘要：
Despite the uproar over public employee pension reforms, few studies examine the effect of the reforms on the labor market. This paper thus investigates the impacts of these reforms on government employees' labor market in Taiwan for 1995 and 2011, including wage rates, working hours, and labor participation. We also explore the relationship between the political factors of local elections and labor participation Applying the manpower utilization survey data, results from difference-in-differences (DID) analysis and instrumental variable Probit model suggest that public employee pension cuts did lead to an increase of wages in the year following the 2011 pension reform, which runs in accordance with the substitutability relationship between wage and pension as suggested by theory. In addition, the immediate effect of a pension cut on working hours depends on the magnitude of the reform, and the increase in working hours was most significant three years following the reform. Finally, public employee pension cuts spurred decreases in the probabilities of becoming public employees and increases in the probabilities of withdrawal from the public sector. Specifically, the probabilities of becoming contract employees rose when local elections resulted in a ＂switch＂ in the ruling political party.
