savings and asset accumulation. Based on the theory of propensity to plan, this study proposed two comprehensive indices for … squares regressions indicated that both retirement savings and net worth increased as the level of propensity to plan … increased. This study provides empirical evidence and implications for the role of the propensity to plan on retirement savings …

This study evaluates the interaction between employer match and default rates on savings outcomes among new employees …. Selecting a higher default rate has the largest impact on employee savings rates. Plans with low default rates that match a high … percentage of employee earnings induce higher-income participants to actively move away from the low default savings rate …

How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide … evidence that this is not due to a crowding-out of other forms of savings. We also show that labor earnings, i.e. the most …

disproportionately low savings of individuals on low incomes and non-fungibility between public and private pension wealth. The model is … applied to study welfare and savings implications of automatic enrolment into private pensions. The default option effect on … default scheme. Nevertheless, the impact of automatic enrolment on total savings is ambiguous in general, because in addition …