Money on the table: Some evidence on the role of liquidity constraints in 401(k) saving

Gary V. Engelhardt; Anil Kumar

doi:10.1016/j.econlet.2007.09.005

Money on the table: Some evidence on the role of liquidity constraints in 401(k) saving

Gary V. Engelhardt, Anil Kumar

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

Using Health and Retirement Study data on contributions, earnings, and pension plans, we examine the role of liquidity constraints in explaining why employees fail to take full advantage of employer matching contributions in 401(k) plans, leaving "money on the table.".

Original language	English (US)
Pages (from-to)	402-404
Number of pages	3
Journal	Economics Letters
Volume	99
Issue number	2
DOIs	https://doi.org/10.1016/j.econlet.2007.09.005
State	Published - May 2008

Keywords

401(k)s
Liquidity constraints
Saving

ASJC Scopus subject areas

Finance
Economics and Econometrics

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10.1016/j.econlet.2007.09.005

Cite this

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title = "Money on the table: Some evidence on the role of liquidity constraints in 401(k) saving",

abstract = "Using Health and Retirement Study data on contributions, earnings, and pension plans, we examine the role of liquidity constraints in explaining why employees fail to take full advantage of employer matching contributions in 401(k) plans, leaving {"}money on the table.{"}.",

keywords = "401(k)s, Liquidity constraints, Saving",

author = "Engelhardt, {Gary V.} and Anil Kumar",

year = "2008",

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language = "English (US)",

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AU - Engelhardt, Gary V.

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N2 - Using Health and Retirement Study data on contributions, earnings, and pension plans, we examine the role of liquidity constraints in explaining why employees fail to take full advantage of employer matching contributions in 401(k) plans, leaving "money on the table.".

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KW - Liquidity constraints

KW - Saving

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EP - 404

JO - Economics Letters

JF - Economics Letters

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Money on the table: Some evidence on the role of liquidity constraints in 401(k) saving

Abstract

Keywords

ASJC Scopus subject areas

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