Framing Effects in an Employee Savings Scheme: A Non-Parametric Analysis
Peter Kooreman (),
Bertrand Melenberg (),
Henriette Prast () and
Nathanaël Vellekoop
Additional contact information
Peter Kooreman: Tilburg University
Bertrand Melenberg: Tilburg University
No 7154, IZA Discussion Papers from Institute of Labor Economics (IZA)
Abstract:
Studies have found evidence that seemingly irrelevant details of an income component such as its label have an effect on how it is used. Using a data set with more than one million employee-month observations, we investigate the role of functional form assumptions and time aggregation in the analysis of these effects. In most cases we find evidence that marginal propensities to save differ across income components. Our analysis reveals a large degree of heterogeneity in savings behavior within the year.
Keywords: framing effects; labeling effects; employee savings; nonparametric methods; behavioral economics (search for similar items in EconPapers)
JEL-codes: D13 D91 G23 (search for similar items in EconPapers)
Pages: 44 pages
Date: 2013-01
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://docs.iza.org/dp7154.pdf (application/pdf)
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:iza:izadps:dp7154
Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany
Access Statistics for this paper
More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().