Project Category: Behavioral economics

Some studies have raised concerns that many households reach retirement with limited financial resources. The behavioral economics literature posits that procrastination may be an important explanation. We fielded a survey in the RAND American Life Panel, asking...

Americans reach retirement with varying degrees of preparation, with many facing shortfalls in savings. We propose to use unique survey data collected among respondents to the Understanding America Study to measure the relative roles of subjective beliefs about...