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affects the saving behavior of the subjects. Savings are higher when they are incentivized with matching contributions than …
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This article examines the potential risks on consumption behavior of lumpsum payments. As a pension, lump-sum payments could be consumed too fast and generate an increase of poverty rates. We experimentally investigate consumption behavior in an inter-temporal decision-making setting. Subjects...
Persistent link: https://www.econbiz.de/10010223420
many developed countries. Nevertheless, it is unclear whether TDAs actually improve a household's lifecycle savings … means of savings so there is no guarantee that a TDA, with its inflexible restriction that funds cannot be drawn until … retirement, will be attractive or improve lifecycle savings. In this paper we resort to laboratory experiments to address the …
Persistent link: https://www.econbiz.de/10013211475
Vermögenspräferenzen sparen Haushalte mehr als in einem Standardmodell "optimal" wäre. Allerdings gibt es bisher wenig empirische Evidenz …
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When people decide about saving and consumption across the various periods of their life time they take into account their life expectancy when comparing present and future needs and resources for satisfying them. The experimental design, applied at two sites (Humboldt-University at Berlin and...
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