Conference Agenda
Overview and details of the sessions of this conference.
Please select a date to show only sessions at that day. Please select a single session for detailed view (with abstracts and downloads if available).
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Some information on the session logistics:
If not stated otherwise, the discussant is the following speaker, with the first speaker being the discussant of the last paper. The last speaker of each session is the session chair. (Exception: invited sessions)
Presenters should speak for no more than 20 minutes, and discussants should limit their remarks to no more than 5 minutes. The remaining time should be reserved for audience questions and the presenter’s responses. We suggest following these guidelines also in the (less common) 3-paper sessions in a 2-hour slot, to allow participants to move between sessions. Discussants are encouraged to avoid summarizing the paper. By focusing on a few questions and comments, the discussants can help start a broader discussion with the audience.
Only registered participants can attend this conference. Further information available on the congress website https://www.iseg.ulisboa.pt/en/event/iipf/ .
Venue address: ISEG - Lisbon School of Economics & Management, R. Francesinhas 21, 1200-675 Lisboa, Portugal
Please note that all times are shown in the time zone of the conference. The current conference time is: 17th Sept 2026, 11:37:38am WEST
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Daily Overview |
| Session | |
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C15: Retirement, Saving, and Disability Insurance Location: Room 118 (Francesinhas 1) | |
| Presentation 1 | |
Do State and Local Governments Offer Competitive Compensation? 1: Federal Reserve Boaard, United States of America; 2: Brookings Institution This paper examines the relative compensation of state and local government workers compared to their private sector counterparts in the U.S. Augmenting standard data sources on compensation with information on benefits derived from unpublished Bureau of Labor Statistics data and asset-based methodologies for valuing benefits, we document a significant erosion in the public sector compensation premium. While state and local workers received approximately 10 percent higher total compensation than comparable private sector workers in 2011, this differential had declined to negative 5 percent by 2023. This decline stems from multiple factors: relative public sector wages have fallen steeply, public sector retiree health care benefits have diminished, and the historically greater job stability in government employment has eroded. We also document that cash, as opposed to accrual, accounting for defined benefit pensions significantly skews the trend in relative public sector compensation in the ECI—the principal data on U.S. benefit compensation.
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