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dc.contributor.authorDahan, Momien_US
dc.contributor.authorKogut, Tehilaen_US
dc.contributor.authorShalem, Mosheen_US
dc.date.accessioned2009-10-08en_US
dc.date.accessioned2010-05-14T08:22:15Z-
dc.date.available2010-05-14T08:22:15Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/30570-
dc.description.abstractThis paper examines whether policymakers, economists at the Israeli Finance Ministry, act in their personal pension decisions in accordance with the rational behaviour assumptions underlying the pension policies they advance. We find that while economists' decisions regarding three other important decisions such as buying an apartment, a car and a large appliance, are largely in line with rational models, pension decisions deviate significantly from these models. A large share of these policymakers hardly search for relevant information regarding their chosen pension fund, do not know the most necessary information and consider only one option before choosing the preferred pension fund. A significant difference was found between specialized policymakers (economists in the Pension Division) and general policymakers (economists in all other Divisions) showing that specialized policymakers are significantly less biased.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper 2783en_US
dc.subject.jelA10en_US
dc.subject.jelA11en_US
dc.subject.jelG18en_US
dc.subject.jelG23en_US
dc.subject.jelH00en_US
dc.subject.ddc330en_US
dc.subject.keywordpolicymakingen_US
dc.subject.keywordpension decisionsen_US
dc.subject.keywordexperten_US
dc.subject.keywordrational choiceen_US
dc.subject.stwBeamteen_US
dc.subject.stwAnlageverhaltenen_US
dc.subject.stwPensionsfondsen_US
dc.subject.stwRentenpolitiken_US
dc.subject.stwWirtschaftspolitiken_US
dc.subject.stwRationales Verhaltenen_US
dc.subject.stwIsraelen_US
dc.titleDo economic policymakers practice what they preach? : the case of pension decisionsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn61018444Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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