The Effects of Pension Information on Individuals’ Economic Outcomes: A Survey
Stefania Basiglio and
Noemi Oggero
Additional contact information
Stefania Basiglio: ESOMAS Department, University of Turin, 10124 Turin, Italy
Noemi Oggero: ESOMAS Department, University of Turin, 10124 Turin, Italy
Economies, 2020, vol. 8, issue 3, 1-16
Abstract:
This paper provides an overview of a wide array of research investigating the effects of pension information on different individuals’ economic outcomes. While many studies show that information provision increases knowledge, the evidence is mixed regarding its effects on behavior. Nevertheless, we draw some conclusions about the impact of pension information on three major economic outcomes, namely, retirement planning, choices pertaining individuals’ labor supply, and savings decisions. We also highlight that the lack of knowledge prevalently hits the most vulnerable individuals in the society, such as women. As a consequence, not providing sufficient information could contribute to widening the gender gap in pensions.
Keywords: pension information; retirement; savings; gender gap (search for similar items in EconPapers)
JEL-codes: E F I J O Q (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:
Downloads: (external link)
https://www.mdpi.com/2227-7099/8/3/67/pdf (application/pdf)
https://www.mdpi.com/2227-7099/8/3/67/ (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:gam:jecomi:v:8:y:2020:i:3:p:67-:d:401559
Access Statistics for this article
Economies is currently edited by Ms. Adore Zhou
More articles in Economies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager (indexing@mdpi.com).