Spending from Regulated Retirement Drawdowns: The Role of Implied Endorsement*

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2021-04-19 DOI:10.1111/SJOE.12437

J. Garcia, J. Bonekamp, H. Bateman, Ralph Stevens

引用次数: 4

Abstract

We fielded an online survey in the Netherlands and Australia to explore the influence of an implied endorsement nudge, conveyed by a government regulated drawdown from pension wealth, on spending patterns in retirement. The implied endorsement nudge was effective. It influenced the preferred retirement spending patterns of around 30% of survey participants, particularly those with fewer financial resources and low pension capability. Australian participants were more likely to follow the nudge where it was framed as implicit government advice while the Dutch were more likely to respond to a suggestion that the nudge was a recommendation from peers. Our results provide support for a regulated drawdown rule as part of a strategy to guide spending patterns in retirement. JEL: D14, D90, J14, J26

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受监管的退休提款支出:隐含认可的作用*

我们在荷兰和澳大利亚进行了一项在线调查，以探讨政府监管的养老金财富减少所传达的隐含支持推动对退休支出模式的影响。隐含的支持推动是有效的。它影响了约30%的调查参与者的首选退休支出模式，尤其是那些经济资源较少、养老金能力较低的人。澳大利亚参与者更有可能遵循被视为隐含政府建议的推动，而荷兰参与者更有可能回应同行的建议。我们的研究结果为受监管的提款规则提供了支持，该规则是指导退休支出模式的战略的一部分。JEL:D14，D90，J14，J26

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.