In our own work, we have shown
sharp «
peaks and valleys» in pension wealth accrual, which distort incentives for retirement (see «Peaks, Cliffs, and Valleys,» features, Winter 2
peaks and valleys» in pension wealth accrual, which distort incentives for retirement (
see «
Peaks, Cliffs, and Valleys,» features, Winter 2
Peaks, Cliffs, and Valleys,» features, Winter 2008).