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increases intended sav-ings. In line with this, we find in our field experiment that households whoare exposed to the social …A large fraction of households have very little savings buffer and are there-fore vulnerable to financial shocks. We … examine whether a social norm nudgecan stimulate such households to save more by running a small-scale survey ex-periment and …
Persistent link: https://www.econbiz.de/10012057179
offered financial education. Both programs included a voluntary after-school savings club that provided students with a locked … money box. After nine months, both programs had significant impacts on savings behavior relative to the control group …, mostly because children moved savings from home to school. We observed few other impacts. We do find that financial education …
Persistent link: https://www.econbiz.de/10010504026
of workers born in 1950 or later. At the same time, a tax-facilitated savings plan was introduced that implied a large … savings subsidy for all workers, irrespective of birth year. This paper uses linked administrative and survey data to assess … the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male …
Persistent link: https://www.econbiz.de/10012427616
Persistent link: https://www.econbiz.de/10000151686
This study explored the psychological mechanisms that underlie the retirement planning and saving tendencies of Dutch and American workers. Participants were 988 Dutch and 429 Americans, 25-64 years of age. Analyses were designed to: (a) examine the extent to which structural variables were...
Persistent link: https://www.econbiz.de/10011349213
the Netherlands in the period 1995 through 2001, we analyse the impact of wealth, savings, and debt position on job exit …
Persistent link: https://www.econbiz.de/10011350363
Expectations and information about the growth of GDP per capita have a large influence on decisions made by private and public economic agents. It will be argued here that GDP (per capita) is far from a robust indicator of social welfare, and that its use as such must be regarded as a serious...
Persistent link: https://www.econbiz.de/10011372528
Private wealth holdings are likely to become an increasingly important determinant in the job exit decision of elderly workers. Net wealth may correlate with worker's characteristics that also determine the exit out of a job. It is therefore important to include a rich set of observed...
Persistent link: https://www.econbiz.de/10011374416
compares three aggregate indicators of sustainability: the World Bank’s ‘Genuine Savings’ measure, the ‘Ecological Footprint …
Persistent link: https://www.econbiz.de/10011374434
-As-You-Go (PAYG) social security, and the mix ofPAYG and savings for retirement provision in a small open economy. It shows that … paper also provides acondition for partial displacement of savings by the PAYG, which is in line with vastempirical evidence. …
Persistent link: https://www.econbiz.de/10011376622