The elasticity of intertemporal substitution: New evidence from 401(k) participation

C-Tier
Journal: Economics Letters
Year: 2009
Volume: 103
Issue: 1
Pages: 15-17

Authors (2)

Engelhardt, Gary V. (not in RePEc) Kumar, Anil (University of Iowa)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

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.

Technical Details

RePEc Handle
repec:eee:ecolet:v:103:y:2009:i:1:p:15-17
Journal Field
General
Author Count
2
Added to Database
2026-01-25