Do optimists plan for retirement? A behavioural explanation for non-participation in pension schemes

Balasuriya, J., Gough, O. and Vasileva, K. 2014. Do optimists plan for retirement? A behavioural explanation for non-participation in pension schemes. Economics Letters. 125 (3), pp. 396-399. https://doi.org/10.1016/j.econlet.2014.10.012

TitleDo optimists plan for retirement? A behavioural explanation for non-participation in pension schemes
TypeJournal article
AuthorsBalasuriya, J., Gough, O. and Vasileva, K.
Abstract

This paper investigates the relationship between financial optimism and non-participation in pension schemes in the UK. We show that financial optimism reduces the probability of employees joining employer run pension schemes and also the probability of the self-employed subscribing to private pension plans.

JournalEconomics Letters
Journal citation125 (3), pp. 396-399
ISSN0165-1765
Year2014
PublisherElsevier
Digital Object Identifier (DOI)https://doi.org/10.1016/j.econlet.2014.10.012
Publication dates
Published31 Oct 2014

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