Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/30570 
Full metadata record
Appears in Collections:
DC FieldValueLanguage
dc.contributor.authorDahan, Momien
dc.contributor.authorKogut, Tehilaen
dc.contributor.authorShalem, Mosheen
dc.date.accessioned2009-10-08-
dc.date.accessioned2010-05-14T08:22:15Z-
dc.date.available2010-05-14T08:22:15Z-
dc.date.issued2009-
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
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x2783en
dc.subject.jelA10en
dc.subject.jelA11en
dc.subject.jelG18en
dc.subject.jelG23en
dc.subject.jelH00en
dc.subject.ddc330en
dc.subject.keywordpolicymakingen
dc.subject.keywordpension decisionsen
dc.subject.keywordexperten
dc.subject.keywordrational choiceen
dc.subject.stwBeamteen
dc.subject.stwAnlageverhaltenen
dc.subject.stwPensionsfondsen
dc.subject.stwRentenpolitiken
dc.subject.stwWirtschaftspolitiken
dc.subject.stwRationales Verhaltenen
dc.subject.stwIsraelen
dc.titleDo economic policymakers practice what they preach? : the case of pension decisions-
dc.typeWorking Paperen
dc.identifier.ppn61018444Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Files in This Item:
File
Size
126.88 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.