Using 41 million observations on savings for the population of Denmark, we show that the impacts of retirement savings … policies on wealth accumulation depend on whether they change savings rates by active or passive choice. Subsidies for … retirement accounts, which rely upon individuals to take an action to raise savings, primarily induce individuals to shift assets …

security are the least well informed about their social security benefits, while those who are most dependent on pensions are …

and an incentive to save more themselves. For this reason, unfunded private pensions differ fundamentally from the … unfunded Social Security pension and the other unfunded federal government civilian and military pensions …

savings rates and I use this model to account for a high term premium and a volatile stochastic discount factor. The fact the …

The wealth gap has reached record highs. At the same time there has been substantial proliferation of 401(k) savings … accounts as the dominant retirement savings vehicle, and these accounts make up an increasing proportion of overall wealth. In …, geographically diverse employer. We demonstrate substantial difference in 401(k) savings behavior by employee ethnicity even within a …