Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/234650 
Erscheinungsjahr: 
2019
Schriftenreihe/Nr.: 
IDB Working Paper Series No. IDB-WP-01018
Verlag: 
Inter-American Development Bank (IDB), Washington, DC
Zusammenfassung: 
Transaction costs impose a barrier to savings, but lowering them may have smaller impacts than expected due to other constraints, such as psychological biases. Within the context of retirement savings under defined contributions in the privatized pension system in Mexico, we analyze two staggered policies: an expansion of access channels for additional contributions through 7-Eleven stores, and the bundling of this policy with a media campaign providing persuasive reminders to save. We find that access alone has small and weak effects on savings, but including the persuasive message leads to a 10-12% increase in savings behavior that is long-lasting.
Schlagwörter: 
retirement savings
access
transaction costs
media campaigns
non-branded advertising
persuasion
JEL: 
D14
D83
G23
Persistent Identifier der Erstveröffentlichung: 
Creative-Commons-Lizenz: 
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Dokumentart: 
Working Paper

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