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Erscheinungsjahr: 
2013
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 7154
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
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.
Schlagwörter: 
framing effects
labeling effects
employee savings
nonparametric methods
behavioral economics
JEL: 
D13
D91
G23
Dokumentart: 
Working Paper

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