The elasticity of intertemporal substitution: New evidence from 401(k) participation

Gary V. Engelhardt and Anil Kumar

Economics Letters, 2009, vol. 103, issue 1, 15-17

Abstract: Using Health and Retirement Study data and a structural econometric model, we exploit variation in employer matching rates in 401(k) plans to generate new estimates of the EIS: 0.74 in our richest specification, with a 95% confidence interval of 0.37-1.21.

Keywords: Elasticity; of; intertemporal; substitution; 401(k)s (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (30)

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Working Paper: The elasticity of intertemporal substitution: new evidence from 401(k) participation (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:103:y:2009:i:1:p:15-17

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