Money on the table: Some evidence on the role of liquidity constraints in 401(k) saving
| Year of Publication |
2008
|
|---|---|
| Author | |
| Journal |
Economics Letters
|
| Volume |
99
|
| Issue |
2
|
| Number of Pages |
402-404
|
| Abstract |
Using Health and Retirement Study data on contributions, earnings, and pension plans, we examine the role of liquidity constraints in explaining why employees fail to take full advantage of employer matching contributions in 401(k) plans, leaving money on the table. |
| DOI |
https://doi.org/10.1016/j.econlet.2007.09.005
|
| Download citation |