Framing Effects in an Employee Savings Scheme: A Non-Parametric Analysis

P. Kooreman; B. Melenberg; H.M. Prast; N. Vellekoop

doi:10.2139/ssrn.2201423

Framing Effects in an Employee Savings Scheme: A Non-Parametric Analysis

P. Kooreman, B. Melenberg, H.M. Prast, N. Vellekoop

Research output: Working paper › Discussion paper › Other research output

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.

Original language	English
Place of Publication	Tilburg
Publisher	NETSPAR
Number of pages	43
Volume	01/2013-001
DOIs	https://doi.org/10.2139/ssrn.2201423
Publication status	Published - Jan 2013

Publication series

Name	NETSPAR Discussion Paper
Volume	01/2013-001

Keywords

framing effects
labeling effects
employee savings
non-parametric methods
behavioral economics

Access to Document

10.2139/ssrn.2201423

Cite this

@techreport{df91b6bb32004be59fbfefd747e9f9e5,

title = "Framing Effects in an Employee Savings Scheme: A Non-Parametric Analysis",

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, non-parametric methods, behavioral economics",

author = "P. Kooreman and B. Melenberg and H.M. Prast and N. Vellekoop",

year = "2013",

month = jan,

doi = "10.2139/ssrn.2201423",

language = "English",

volume = "01/2013-001",

series = "NETSPAR Discussion Paper",

publisher = "NETSPAR",

type = "WorkingPaper",

institution = "NETSPAR",

}

TY - UNPB

T1 - Framing Effects in an Employee Savings Scheme

T2 - A Non-Parametric Analysis

AU - Kooreman, P.

AU - Melenberg, B.

AU - Prast, H.M.

AU - Vellekoop, N.

PY - 2013/1

Y1 - 2013/1

N2 - 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.

AB - 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.

KW - framing effects

KW - labeling effects

KW - employee savings

KW - non-parametric methods

KW - behavioral economics

U2 - 10.2139/ssrn.2201423

DO - 10.2139/ssrn.2201423

M3 - Discussion paper

VL - 01/2013-001

T3 - NETSPAR Discussion Paper

BT - Framing Effects in an Employee Savings Scheme

PB - NETSPAR

CY - Tilburg

ER -

Framing Effects in an Employee Savings Scheme: A Non-Parametric Analysis

Abstract

Publication series

Keywords

Access to Document

Fingerprint

Cite this