Using Health and Retirement Study data and a structural econometric model, we exploit variation in employer matching rates in 401(k) plans to generate new estimates of the EIS: 0.74 in our richest specification, with a 95% confidence interval of 0.37-1.21.
|Original language||English (US)|
|Number of pages||3|
|State||Published - Apr 2009|
- Elasticity of intertemporal substitution
ASJC Scopus subject areas
- Economics and Econometrics