receive exogenous incomes during "working" periods, followed by no-income "retirement" periods. In each period, subjects … determine retirement savings and tax payments. Flat income and tax-rate profiles facilitate the analysis of behavioral factors … effects of mandated Traditional (tax-deferred) or Roth (taxprepaid) retirement policies in a controlled laboratory setting …

We analyze the impact of risk and ambiguity aversion using a lifecycle recursive utility model. Both risk and ambiguity … in which we can vary both risk and ambiguity aversion, while preserving preference monotonicity …

We adapt the design of five experimental studies on retirement decision-making and conduct reproductions with a larger … subjects collect retirement benefits as lump-sum instead of annuities, they choose to retire later. The duration of retirement … with tax rebates. When faced with stochastic survival risk, subjects make partial adjustments to spending paths. We also …

retirement savings should not rely on lower income taxes on pensions, but instead increase incentives that directly arise in the …In a series of online experiments, we examine whether increasing the incentives to save by reducing the income tax rate … on pensions results in higher savings. Our findings show that reducing the income tax rate on pensions has almost no …

. Characteristics that other studies have found important determinants of risk attitudes, such as age, income and (pension) wealth, do …Cluster analysis is used to identify homogeneous groups of members of USS in terms of risk attitudes. There are two … contributions. It typically had higher pay, longer tenure, less interest in ethical investing, lower risk capacity, a higher …