affects the saving behavior of the subjects. Savings are higher when they are incentivized with matching contributions than …

on pensions results in higher savings. Our findings show that reducing the income tax rate on pensions has almost no … significant effect on savings behavior. However, if we vary the current tax rate at which savings are deducted, subjects adjust … their savings. Our results are in line with the interpretation that subjects neglect the level of income taxes on pensions …

This study explored the impact of demographic factors on individuals' investment choice decisions in retirement savings …