Personalized information as a tool to improve pension savings: Results from a randomized control trial in Chile (Record no. 527069)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01799nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240731b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Fuentes, Olga et al |
| 245 ## - TITLE STATEMENT | |
| Title | Personalized information as a tool to improve pension savings: Results from a randomized control trial in Chile |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | Economic Development and Culture Change |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 72(2), Jan, 2024: p.725-770 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | Forecasting of the outcome of saving for retirement is challenging, particularly for individuals who have limited financial literacy. We explore how reducing that barrier by offering personalized information affects long-term savings. To this end, we randomly offered personalized information or general information within the context of individual retirement accounts in Chile. Personalized information increased voluntary pension savings. Heterogeneity analysis suggests that the updating of priors by information recipients played an important role. However, despite the significant short-term response to the intervention, its temporary nature and limited magnitude are not enough to meaningfully alter the annuity payment that would be obtained from the savings stock.- Reproduced https://www.journals.uchicago.edu/doi/10.1086/720718 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Retirement savings, Financial literacy, Personalized information, General information, Pension savings, Individual retirement accounts, Chile context, Voluntary contributions, Heterogeneity analysis, Updating of priors, Behavioral intervention, Short-term response, Long-term impact, Annuity payment, Savings stock, Information barriers, Randomized offer, Policy evaluation, Financial decision-making, Temporary effec |
| 9 (RLIN) | 56136 |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | Economic Development and Culture Change |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) | |
| Subject DIP | RETIREMENT SAVINGS |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indian Institute of Public Administration | Indian Institute of Public Administration | 2024-07-31 | 72(2), Jan, 2024: p.725-770 | AR132535 | 2024-07-31 | Articles |