Journal article
The elasticity of intertemporal substitution: New evidence from 401(k) participation
Economics letters, Vol.103(1), pp.15-17
04/01/2009
DOI: 10.1016/j.econlet.2009.01.010
Abstract
Using Health and Retirement Study data and a structural econometric model, we exploit variation in employer matching rates in 401(k) plans to generate new estimates of the
EIS: 0.74 in our richest specification, with a 95% confidence interval of 0.37–1.21.
Details
- Title: Subtitle
- The elasticity of intertemporal substitution: New evidence from 401(k) participation
- Creators
- Gary V. Engelhardt - Syracuse UniversityAnil Kumar - Federal Reserve Bank of Dallas
- Resource Type
- Journal article
- Publication Details
- Economics letters, Vol.103(1), pp.15-17
- Publisher
- Elsevier B.V
- DOI
- 10.1016/j.econlet.2009.01.010
- ISSN
- 0165-1765
- eISSN
- 1873-7374
- Language
- English
- Date published
- 04/01/2009
- Academic Unit
- Economics
- Record Identifier
- 9984618630402771
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