When Nudges Are Forever: Inertia in the Swedish Premium Pension Plan

Cronqvist Henrik; H. Thaler Richard; Frank Yu

doi:10.1257/pandp.20181096

When Nudges Are Forever: Inertia in the Swedish Premium Pension Plan

Cronqvist Henrik, H. Thaler Richard, Frank Yu

金融学

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摘要

To inform economists and policy makers about whether the effects of nudges are persistent in one specific context, we study the choice architecture of the Swedish Premium Pension Plan. The data we study consist of all initial choices and subsequent rebalancing activities by the entire population of 7.3 million retirement savers in Sweden during the period 2000 to 2016. Based on our analysis of these data, we conclude that the effects of nudging in this case were surprisingly persistent and seem to last nearly two decades, if not forever.

源语言	英语
页（从-至）	153-58
期刊	AEA Papers and Proceedings
卷	108
DOI	https://doi.org/10.1257/pandp.20181096
出版状态	已出版 - 5月 2018

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Available at SSRN: https://ssrn.com/abstract=3099886 or http://dx.doi.org/10.2139/ssrn.3099886

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10.1257/pandp.20181096

SSRN-id3099886 When Nudges are Forever Inertia in the Swedish Premium Pension Plan已接受的作者手稿, 169 KB许可: CC BY-NC-ND

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When Nudges Are Forever: Inertia in the Swedish Premium Pension Plan

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