' retirement-savings decisions. In both conditions, the calculator projects workers' retirement income goal. In the treatment … condition, it also projects retirement income based on defined-contribution savings, prominently displays the gap between …

In a nationally-representative sample, we predict retirement savings using survey-based elicitations of exponential … present over the future, are highly significant and economically meaningful predictors of retirement savings. These … calculations suggest that eliminating EGB and PB would increase retirement savings by approximately 12 percent. …

Using micro-data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey this paper examines the … relationship between the gender gap in financial literacy and the gender gap in pension savings amongst non-retired adults aged 18 … where the focus is on pension savings and a more structural specification where the focus is on the "pension return" (the …

We investigate the relationship between social interaction and household finances using data from the British Household … household finances and social interaction, rather than focusing one particular facet of household finances, such as the holding … the household balance sheet, i.e. liabilities and assets. Additionally, we allow the influence of social interaction on …

additional private savings to cover the old age income gap. In this paper we discuss the necessity, the role and the viability of … data from the Eurosystem Household Finance and Consumption Survey (HFCS) to analyse the household's wealth composition and … amount of home equity that is expected to be released over a 10-year period through regular monthly mortgage payments. We …

growth bias, has been linked to household financial decision making. We show that exponential growth bias and standard … is linked to household decision making, our results indicate that examining the relationship between exponential growth … bias and household finance without adequate controls for financial literacy may generate biased results. -- exponential …

Empirical analyses of the effects of public and private pensions on household saving impose strong assumptions in order … household wealth is crowded out by pensions? (2) Can linear regression analysis accurately estimate the magnitude of crowdout … results indicate that private pensions in the US crowd out less than $0.15 of household saving per dollar of pension wealth …

have larger incentives to save for old age than their husbands. This paper analyses the household members' attitudes … towards saving for old age, and the relation with the household saving and portfolio choice behaviour. Based on a panel of two …-person households (e.g. with a husband and a wife) from the Dutch CentER Savings Survey, we find that wives find saving for old age more …

We show that the size of collateralized household debt determines an economy's vulnerability to crises of confidence …

UDLs for longer time accumulate more savings. This effect holds for both financial and total wealth and is stronger at … financial literacy, contributing to uncover the mechanisms through which the risk of divorce may affect savings. Our results are …