Add to ORKGThis paper provides an answer to an important empirical puzzle in the retirement literature: while most people know little about their own pension plans, retirement behavior is strongly affected by pension incentives. We combine administrative and self-reported pension data to measure the retirement response to actual and perceived financial incentives. We find that well- informed individuals are five times more responsive to pension incentives than the average individual when knowledge is ignored. We further find that the ill- informed individuals do respond to their own misperception of the incentives, rather than being unresponsive to any incentives
This article evaluates the quality of workers' information regarding pension offerings using both ad...
Pension plan descriptions from respondents to the 1992 Health and Retirement Study are compared with...
A growing literature shows how consumers make mistakes in a variety of different settings pertinent ...
This paper provides an answer to an important empirical puzzle in the retirement literature: while m...
This paper provides an answer to an important empirical puzzle in the retirement literature: while m...
Recent pension reforms have shifted a larger responsibility towards savers. Individuals therefore ne...
Using data from the Health and Retirement Study, this paper measures knowledge about future social s...
Avoiding pension information, or having too little knowledge to responsibly handle a credit card are...
The research problem of this article is the evaluation of the correlation between the level of knowl...
Many recent pension reforms require individuals to make more decisions on supplementary savings, inv...
We explore the role of financial and pension information in increasing women’s knowledge and awarene...
One part of the policy response in many countries to increasing pension coverage will be greater pr...
The dramatic shift from traditional pension plans to participant-directed 401(k) plans has increased...
This paper uses data from the Health and Retirement Study to explore the mechanism that underlies th...
To understand what motivates individuals to look at their pension situation and make adequate saving...
This article evaluates the quality of workers' information regarding pension offerings using both ad...
Pension plan descriptions from respondents to the 1992 Health and Retirement Study are compared with...
A growing literature shows how consumers make mistakes in a variety of different settings pertinent ...
This paper provides an answer to an important empirical puzzle in the retirement literature: while m...
This paper provides an answer to an important empirical puzzle in the retirement literature: while m...
Recent pension reforms have shifted a larger responsibility towards savers. Individuals therefore ne...
Using data from the Health and Retirement Study, this paper measures knowledge about future social s...
Avoiding pension information, or having too little knowledge to responsibly handle a credit card are...
The research problem of this article is the evaluation of the correlation between the level of knowl...
Many recent pension reforms require individuals to make more decisions on supplementary savings, inv...
We explore the role of financial and pension information in increasing women’s knowledge and awarene...
One part of the policy response in many countries to increasing pension coverage will be greater pr...
The dramatic shift from traditional pension plans to participant-directed 401(k) plans has increased...
This paper uses data from the Health and Retirement Study to explore the mechanism that underlies th...
To understand what motivates individuals to look at their pension situation and make adequate saving...
This article evaluates the quality of workers' information regarding pension offerings using both ad...
Pension plan descriptions from respondents to the 1992 Health and Retirement Study are compared with...
A growing literature shows how consumers make mistakes in a variety of different settings pertinent ...