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Please use this identifier to cite or link to this item: https://doi.org/10.21256/zhaw-28186
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dc.contributor.authorBachmann, Kremena-
dc.contributor.authorLot, Andre-
dc.contributor.authorXu, Xiaogeng-
dc.contributor.authorHens, Thorsten-
dc.date.accessioned2023-07-06T15:52:03Z-
dc.date.available2023-07-06T15:52:03Z-
dc.date.issued2023-
dc.identifier.issn0378-4266de_CH
dc.identifier.issn1872-6372de_CH
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/28186-
dc.description.abstractWe adapt the design of four experimental studies on retirement decision-making and conduct replications with a larger online sample from the broader population. We replicate most of the main effects of the original studies. In particular, we confirm that consumption decisions are less efficient when subjects need to borrow from the future than when they need to save from the present. When subjects collect retirement benefits as lump sum instead of annuities, they choose to retire later, as suggested by the original study. We also confirm that savings are higher when they are incentivized with matching contributions than when incentivized with tax rebates. However, when faced with varying survival risks, subjects in our replication make only partial adjustments to spending paths when ambiguity is reduced. We also propose a further experimental research agenda in related topics and discuss practical issues on subject recruitment, attrition, and redesign of complex tasks.de_CH
dc.language.isoende_CH
dc.publisherElsevierde_CH
dc.relation.ispartofJournal of Banking & Financede_CH
dc.rightshttp://creativecommons.org/licenses/by/4.0/de_CH
dc.subjectHousehold financede_CH
dc.subjectRetirement decisionde_CH
dc.subjectSavingsde_CH
dc.subjectAnnuitiesde_CH
dc.subjectLife-cycle optimizationde_CH
dc.subjectIncome smoothingde_CH
dc.subjectExperimentde_CH
dc.subjectReplicationde_CH
dc.subject.ddc332: Finanzwirtschaftde_CH
dc.titleExperimental research on retirement decision-making : evidence from replicationsde_CH
dc.typeBeitrag in wissenschaftlicher Zeitschriftde_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Management and Lawde_CH
zhaw.organisationalunitInstitut für Wealth & Asset Management (IWA)de_CH
dc.identifier.doi10.1016/j.jbankfin.2023.106851de_CH
dc.identifier.doi10.21256/zhaw-28186-
zhaw.funding.euNode_CH
zhaw.issue106851de_CH
zhaw.originated.zhawYesde_CH
zhaw.publication.statuspublishedVersionde_CH
zhaw.volume152de_CH
zhaw.publication.reviewPeer review (Publikation)de_CH
zhaw.author.additionalNode_CH
zhaw.display.portraitYesde_CH
zhaw.relation.referenceshttps://doi.org/10.17605/OSF.IO/JBKWZde_CH
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Bachmann, K., Lot, A., Xu, X., & Hens, T. (2023). Experimental research on retirement decision-making : evidence from replications. Journal of Banking & Finance, 152(106851). https://doi.org/10.1016/j.jbankfin.2023.106851
Bachmann, K. et al. (2023) ‘Experimental research on retirement decision-making : evidence from replications’, Journal of Banking & Finance, 152(106851). Available at: https://doi.org/10.1016/j.jbankfin.2023.106851.
K. Bachmann, A. Lot, X. Xu, and T. Hens, “Experimental research on retirement decision-making : evidence from replications,” Journal of Banking & Finance, vol. 152, no. 106851, 2023, doi: 10.1016/j.jbankfin.2023.106851.
BACHMANN, Kremena, Andre LOT, Xiaogeng XU und Thorsten HENS, 2023. Experimental research on retirement decision-making : evidence from replications. Journal of Banking & Finance. 2023. Bd. 152, Nr. 106851. DOI 10.1016/j.jbankfin.2023.106851
Bachmann, Kremena, Andre Lot, Xiaogeng Xu, and Thorsten Hens. 2023. “Experimental Research on Retirement Decision-Making : Evidence from Replications.” Journal of Banking & Finance 152 (106851). https://doi.org/10.1016/j.jbankfin.2023.106851.
Bachmann, Kremena, et al. “Experimental Research on Retirement Decision-Making : Evidence from Replications.” Journal of Banking & Finance, vol. 152, no. 106851, 2023, https://doi.org/10.1016/j.jbankfin.2023.106851.


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