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Direct linkGoda, Gopi Shah; Manchester, Colleen Flaherty – Journal of Human Resources, 2013
We study the effect of incorporating heterogeneity into default rules by
examining the choice between retirement plans at a firm that transitioned
from a defined benefit (DB) to a defined contribution (DC) plan. The default
plan for existing employees varied discontinuously depending on their age.
Employing regression discontinuity techniques,…
Descriptors: Employees, Retirement Benefits, Planning, Decision Making
