99,860 research outputs found
Employer Matching and 401(k) Saving: Evidence from the Health and Retirement Study
No full textEmployer matching of employee 401(k) contributions can provide a powerful incentive to save for retirement and is a key component in pension-plan design in the United States. Using detailed administrative contribution, earnings, and pension-plan data from the Health and Retirement Study, this analysis formulates a life-cycle-consistent econometric specification of 401(k) saving and estimates the determinants of saving accounting for non-linearities in the household budget set induced by matching. The participation estimates indicate that an increase in the match rate by 25 cents per dollar of employee contribution raises 401(k) participation by 3.75 to 6 percentage points, and the estimated elasticity of participation with respect to matching ranges from 0.02-0.07. The parametric and semi-parametric estimates for saving indicate that an increase in the match rate by 25 cents per dollar of employee contribution raises 401(k) saving by 700 (in 1991 dollars). The estimated elasticity of 401(k) saving to matching is also small and ranges from 0.09-0.12 overall, with just under half of this effect on the intensive margin. Overall, the analysis reveals that matching is a rather poor policy instrument with which to raise retirement saving.
Employer matching and 401 (k) participation: evidence from the health and retirement study
No full textEmployer matching of employee 401(k) contributions can provide a powerful incentive to save for retirement and is a key component in pension-plan design in the United States. Using detailed administrative contribution, earnings, and pension-plan data from the Health and Retirement Study, this analysis formulates a life-cycle-consistent discrete choice regression model of 401(k) participation and estimates the determinants of participation accounting for non-linearities in the household budget set induced by matching. The estimates indicate that an increase in the match rate by 25 cents per dollar of employee contribution raises 401(k) participation by 3.75 to 6 percentage points, and the estimated elasticity of participation with respect to matching ranges from 0.02-0.07. The estimated elasticity of intertemporal substitution is 0.74-0.83. Overall, the analysis reveals that matching is a rather poor instrument with which to raise retirement saving.Saving and investment ; Taxation ; Pensions
Joshua Davis: Author of Spare Parts
No full textCitation: K-State First (2016). Joshua Davis: Author of Spare Parts [Flier]. Manhattan, Kansas: K-State First.Flyer advertising Joshua Davis's author talk at Kansas State University
Steven Johnson Author Talk Poster
No full textK-State Book NetworkA poster advertising an author talk by Steven Johnson at Kansas State University on September 3, 2014. Steven Johnson's book "The Ghost Map" was the 2014-2015 common book
Have 401(k)s Raised Household Saving? Evidence from the Health and Retirement Study
No full text401(k)-type pension arrangements are the most popular tax subsidy to household saving in the U.S. This study uses self- and firm-reported pension information, Social Security, and household wealth data from 1992 Health and Retirement Study (HRS) to examine the extent to which 401(k) pension plans have raised household saving. Comparison of self- and firm-reported pension information indicates significant measurement error in self-reported 401(k) eligibility. This error has biased the estimated 401(k) saving effects in all previous studies upward significantly and differentially by income category. There is evidence of significant measurement error in pension assets as well. Overall, the estimates that account for both types of measurement error suggest that 401(k)s have not raised household saving. All of the estimates are significantly lower than those implied by previous studies that have found large effects. The most plausible explanation for the large estimated offset to household saving is firm-level substitution of 401(k)s for other pensions. Even though very little of the average dollar of 401(k) wealth appears to be new household saving, 401(k)s may have stimulated saving significantly for lower-to-middle income households and, hence, increased retirement income security for an important segment of the population.pensions; household saving
Are language production problems apparent in adults who no longer meet diagnostic criteria for attention-deficit/hyperactivity disorder?
No full textIn this study, we examined sentence production in a sample of adults (N = 21) who had had attention-deficit/hyperactivity disorder (ADHD) as children, but as adults no longer met DSM-IV diagnostic criteria (APA, 2000). This “remitted” group was assessed on a sentence production task. On each trial, participants saw two objects and a verb. Their task was to construct a sentence using the objects as arguments of the verb. Results showed more ungrammatical and disfluent utterances with one particular type of verb (i.e., participle). In a second set of analyses, we compared the remitted group to both control participants and a “persistent” group, who had ADHD as children and as adults. Results showed that remitters were more likely to produce ungrammatical utterances and to make repair disfluencies compared to controls, and they patterned more similarly to ADHD participants. Conclusions focus on language output in remitted ADHD, and the role of executive functions in language production
DigCurV Report and analysis of the survey of Training Needs
No full textThis report describes the survey on training needs in digital preservation and curation carried out in the context of the DigCurV project. It analyses the main findings of the survey and provides a summary of the results from a series of focus group meetings held in the partner countries and also an analysis of job advertisements which have appeared since January 2011 when the project began
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