Abstract
I show empirically that state wage-payment laws, which forbid deductions from wages and salaries without the written permission of the employee, constituted a binding constraint on firms' choices to adopt automatic enrollment in 401(k) plans prior to 2006.
Original language | English (US) |
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Pages (from-to) | 237-240 |
Number of pages | 4 |
Journal | Economics Letters |
Volume | 113 |
Issue number | 3 |
DOIs | |
State | Published - Dec 2011 |
Keywords
- 401(k)s
- Automatic enrollment
- Pension choice
ASJC Scopus subject areas
- Finance
- Economics and Econometrics