Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/69327
Authors: 
Kooreman, Peter
Melenberg, Bertrand
Prast, Henriëtte Maria
Vellekoop, Nathanaël
Year of Publication: 
2013
Series/Report no.: 
Discussion Paper Series, Forschungsinstitut zur Zukunft der Arbeit 7154
Abstract: 
Studies have found evidence that seemingly irrelevant details of an income component such as its label have an effect on how it is used. Using a data set with more than one million employee-month observations, we investigate the role of functional form assumptions and time aggregation in the analysis of these effects. In most cases we find evidence that marginal propensities to save differ across income components. Our analysis reveals a large degree of heterogeneity in savings behavior within the year.
Subjects: 
framing effects
labeling effects
employee savings
nonparametric methods
behavioral economics
JEL: 
D13
D91
G23
Document Type: 
Working Paper

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