| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27575 |
| 来源ID | Working Paper 27575 |
| How Much to Save? Decision Costs and Retirement Plan Participation | |
| Jacob Goldin; Tatiana Homonoff; Richard W. Patterson; William L. Skimmyhorn | |
| 发表日期 | 2020-07-27 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Deciding how much to save for retirement can be complicated. Drawing on a field experiment conducted with the Department of Defense, we study whether such complexity depresses participation in an employer-sponsored retirement saving plan. We find that simplifying one dimension of the enrollment decision, by highlighting a potential rate at which non-participants might contribute, increases participation in the plan. Similar communications that did not include a highlighted rate yield smaller effects. The results highlight how reducing complexity on the intensive margin of a decision (how much to contribute) can affect extensive margin behavior (whether to contribute at all) in a setting of policy interest. |
| 主题 | Microeconomics ; Households and Firms ; Financial Economics ; Behavioral Finance |
| URL | https://www.nber.org/papers/w27575 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585247 |
| 推荐引用方式 GB/T 7714 | Jacob Goldin,Tatiana Homonoff,Richard W. Patterson,et al. How Much to Save? Decision Costs and Retirement Plan Participation. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w27575.pdf（555KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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