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Do memories of highly emotional stock market crashes permanently affect the investment decisions of households? The Initial Public Offerings of Deutsche Telekom during 1996- 2000 provide an optimal base to address this question, as it is known for its emotional character and is reputedly "the...
Persistent link: https://www.econbiz.de/10012607996
This study empirically analyses the influence of tax concessions on decisions regarding retirement savings in Austria …. We analyse real decisions on retirement savings by using qualitative data. This allows us to examine how different … retirement consists of saving discretionary income instead of the required savings premium and choosing a secure type of …
Persistent link: https://www.econbiz.de/10010300085
This study empirically analyses the influence of tax concessions on decisions regarding retirement savings in Austria …. We analyse real decisions on retirement savings by using qualitative data. This allows us to examine how different … retirement consists of saving discretionary income instead of the required savings premium and choosing a secure type of …
Persistent link: https://www.econbiz.de/10008462137
retirement saving in the United Kingdom. It examines whether take-up of retirement saving instruments increases at the higher …
Persistent link: https://www.econbiz.de/10010331019
retirement saving in the United Kingdom. It examines whether take-up of retirement saving instruments increases at the higher …
Persistent link: https://www.econbiz.de/10009512166
This paper documents that increased scarcity right before a payday causally impacts credit choices. Exploiting a transfer system that randomly assigns the number of days between paydays to Swedish social welfare recipients, we find that low educated borrowers behave as if they are more...
Persistent link: https://www.econbiz.de/10011943299
Robo-advisers enable investors to establish an automated rebalancing strategy for a portfolio usually consisting of stocks and bonds. Since households’ portfolios additionally include further frequently tradable assets like real estate funds, articles of great value and cash(-equivalents), we...
Persistent link: https://www.econbiz.de/10014504536
This paper documents that increased scarcity right before a payday causally impacts credit choices. Exploiting a transfer system that randomly assigns the number of days between paydays to Swedish social welfare recipients, we find that low educated borrowers behave as if they are more...
Persistent link: https://www.econbiz.de/10011547661
allocating retirement savings within a compulsory defined contribution retirement plan. The paper develops the implications and … retirement savings scheme. The experiment finds overall rates of violation of roughly 25%, and substantial variation in rates … contribution retirement schemes, where the future welfare of participants in these schemes depends on quantitative decision …
Persistent link: https://www.econbiz.de/10010551705
This paper examines how digital finance development affects household risk sharing in China. We provide convincing evidence that households that experience idiosyncratic negative shocks on income growth exhibit a disproportionally lower level of reduction in idiosyncratic consumption growth in...
Persistent link: https://www.econbiz.de/10014226679