Coauthors: 
Patrick Bayer, John Karl Scholz
Citation: 

Economic Inquiry, 47(4), 2009, 605-24

We use a novel household survey to investigate the effects of employer-based financial education on personal saving. We explore cross-sectional relations between the availability of employer-based financial education and various measures of asset accumulation, and we interpret these patterns in light of various potentially confounding factors. Our findings favor the hypothesis that employer-based financial education stimulates saving, both in general and for retirement.

Research Fields : 
Aging and retirement
Financial Education
Household finance
Public Economics