메뉴 건너뛰기




Volumn 47, Issue 4, 2009, Pages 605-624

The effects of financial education in the workplace: Evidence from a survey of employers

Author keywords

[No Author keywords available]

Indexed keywords


EID: 70350517542     PISSN: 00952583     EISSN: 14657295     Source Type: Journal    
DOI: 10.1111/j.1465-7295.2008.00156.x     Document Type: Article
Times cited : (115)

References (56)
  • 1
    • 70350510228 scopus 로고
    • Survey of employee savings plans
    • A. Foster Higgins & Co., Inc. Princeton, NJ. A. Foster Higgins & Co., Inc.
    • A. Foster Higgins & Co., Inc. Survey of Employee Savings Plans, 1994, Report 2: Plan Participation and Discrimination Testing. Princeton, NJ : A. Foster Higgins & Co., Inc., 1994.
    • (1994) Report 2: Plan Participation and Discrimination Testing
  • 2
    • 0039422552 scopus 로고
    • The growth and distribution of 401(k) plans
    • in. edited by. J. Turner. and. D. Beller. Washington, DC. U.S. Department of Labor
    • Andrews, E. S. "The Growth and Distribution of 401(k) Plans, " in Trends in Pensions 1992, edited by J. Turner and D. Beller. Washington, DC : U.S. Department of Labor, 1992, 149 176.
    • (1992) Trends in Pensions 1992 , pp. 149-176
    • Andrews, E.S.1
  • 4
    • 0042486597 scopus 로고
    • Social security benefits: An empirical study of expectations and realizations
    • in. edited by. E. Lazear. and. R. Ricardo-Campbell. Stanford, CA. Hoover Institution Press
    • Bernheim, B. D. "Social Security Benefits: An Empirical Study of Expectations and Realizations, " in Issues in Contemporary Retirement, edited by E. Lazear and R. Ricardo-Campbell. Stanford, CA : Hoover Institution Press, 1988, 312 345.
    • (1988) Issues in Contemporary Retirement , pp. 312-345
    • Bernheim, B.D.1
  • 5
    • 0005069692 scopus 로고
    • The timing of retirement: A comparison of expectations and realizations
    • in. edited by. D. Wise. Chicago. NBER University of Chicago Press
    • Bernheim, B. D. "The Timing of Retirement: A Comparison of Expectations and Realizations, " in The Economics of Aging, edited by D. Wise. Chicago : NBER University of Chicago Press, 1989, 335 355.
    • (1989) The Economics of Aging , pp. 335-355
    • Bernheim, B.D.1
  • 6
    • 0007385336 scopus 로고
    • Personal saving, information, and economic literacy: New directions for public policy
    • in. edited by. C. E. Walker. M. A. Bloomfield. and. M. Fleming. Washington, DC. American Council for Capital Formation
    • Bernheim, B. D. "Personal Saving, Information, and Economic Literacy: New Directions for Public Policy, " in Tax Policy for Economic Growth in the 1990s, edited by C. E. Walker, M. A. Bloomfield, and M. Fleming. Washington, DC : American Council for Capital Formation, 1994, 53 78.
    • (1994) Tax Policy for Economic Growth in the 1990s , pp. 53-78
    • Bernheim, B.D.1
  • 7
    • 0004863696 scopus 로고
    • Do households appreciate their financial vulnerabilities? An analysis of actions, perceptions, and public policy
    • in. edited by. C. E. Walker. M. A. Bloomfield. and. M. Fleming. Washington, DC. American Council for Capital Formation
    • Bernheim, B. D. "Do Households Appreciate Their Financial Vulnerabilities? An Analysis of Actions, Perceptions, and Public Policy, " in Tax Policy and Economic Growth, edited by C. E. Walker, M. A. Bloomfield, and M. Fleming. Washington, DC : American Council for Capital Formation, 1995, 1 30.
    • (1995) Tax Policy and Economic Growth , pp. 1-30
    • Bernheim, B.D.1
  • 8
    • 0000940898 scopus 로고    scopus 로고
    • Rethinking saving incentives
    • in. edited by. A. Auerbach. Cambridge, MA. MIT Press
    • Bernheim, B. D. "Rethinking Saving Incentives, " in Fiscal Policy: Lessons From Economic Research, edited by A. Auerbach. Cambridge, MA : MIT Press, 1997, 259 311.
    • (1997) Fiscal Policy: Lessons from Economic Research , pp. 259-311
    • Bernheim, B.D.1
  • 9
    • 0005099422 scopus 로고    scopus 로고
    • Financial illiteracy, education, and retirement saving
    • in. edited by. O. S. Mitchell. and. S. J. Schieber. Philadelphia. University of Pennsylvania Press, Pension Research Council, The Wharton School, University of Pennsylvania
    • Bernheim, B. D. "Financial Illiteracy, Education, and Retirement Saving, " in Living with Defined Contribution Pensions, edited by O. S. Mitchell and S. J. Schieber. Philadelphia : University of Pennsylvania Press, Pension Research Council, The Wharton School, University of Pennsylvania, 1998, 38 68.
    • (1998) Living with Defined Contribution Pensions , pp. 38-68
    • Bernheim, B.D.1
  • 11
    • 0041340926 scopus 로고    scopus 로고
    • The effects of financial education in the workplace: Evidence from a survey of households
    • and
    • Bernheim, B. D., and D. M. Garrett. "The Effects of Financial Education in the Workplace: Evidence from a Survey of Households." Journal of Public Economics 87, 2003, 1487 1519.
    • (2003) Journal of Public Economics , vol.87 , pp. 1487-1519
    • Bernheim, B.D.1    Garrett, D.M.2
  • 13
    • 0043094430 scopus 로고    scopus 로고
    • The long-term effects of high school financial curriculum mandates
    • and
    • Bernheim, B. D., D. M. Garrett, and D. Maki. "The Long-Term Effects of High School Financial Curriculum Mandates." Journal of Public Economics, 2001, 435 465.
    • (2001) Journal of Public Economics , pp. 435-465
    • Bernheim, B.D.1    Garrett, D.M.2    Maki, D.3
  • 15
    • 70350513122 scopus 로고    scopus 로고
    • The Impact of Employer Matching on Savings Plan Participation under Automatic Enrollment
    • and
    • Beshears, J., J. J. Choi, D. Laibson, and B. C. Madrian. "The Impact of Employer Matching on Savings Plan Participation under Automatic Enrollment." NBER Working Paper No. 13352, 2007.
    • (2007) NBER Working Paper No , vol.133
    • Beshears, J.1    Choi, J.J.2    Laibson, D.3    Madrian, B.C.4
  • 16
    • 0043098454 scopus 로고
    • "how to Spark Employee Interest with Employer Matching Contributions."
    • and
    • Borleis, M. W., and K. K. Wedell. "How to Spark Employee Interest with Employer Matching Contributions." Profit Sharing, 1994, 7 16.
    • (1994) Profit Sharing , pp. 7-16
    • Borleis, M.W.1    Wedell, K.K.2
  • 17
    • 0001783484 scopus 로고
    • "earnings, Schooling, and Ability Revisited."
    • Card, D. "Earnings, Schooling, and Ability Revisited." Research in Labor Economics, 14, 1995, 23 48.
    • (1995) Research in Labor Economics , vol.14 , pp. 23-48
    • Card, D.1
  • 18
    • 3142778542 scopus 로고    scopus 로고
    • "plan Design and 401(k) Savings Outcomes."
    • and. Part 1
    • Choi, J. J., D. Laibson, and B. C. Madrian. "Plan Design and 401(k) Savings Outcomes." National Tax Journal, 57, Part 1, 2004, 275 298.
    • (2004) National Tax Journal , vol.57 , pp. 275-298
    • Choi, J.J.1    Laibson, D.2    Madrian, B.C.3
  • 20
    • 84878307346 scopus 로고    scopus 로고
    • "ignorance is Not Bliss: The Importance of Financial Education."
    • and. Washington, DC. TIAA
    • Clark, R., and M. D'Ambrosio. "Ignorance is Not Bliss: The Importance of Financial Education." Research Dialogue 78. Washington, DC : TIAA-CREF Institute, 2003.
    • (2003) Research Dialogue , vol.78
    • Clark, R.1    D'Ambrosio, M.2
  • 22
    • 0005102614 scopus 로고    scopus 로고
    • "factors Affecting Participation Rate and Contribution Levels in 401(k) Plans."
    • and. in. edited by. O. S. Mitchell. and. S. J. Schieber. Philadelphia. University of Pennsylvania Press, Pension Research Council, The Wharton School, University of Pennsylvania
    • Clark, R., and S. J. Schieber. "Factors Affecting Participation Rate and Contribution Levels in 401(k) Plans." in Living with Defined Contribution Pensions, edited by O. S. Mitchell and S. J. Schieber. Philadelphia : University of Pennsylvania Press, Pension Research Council, The Wharton School, University of Pennsylvania, 1998.
    • (1998) Living with Defined Contribution Pensions
    • Clark, R.1    Schieber, S.J.2
  • 26
    • 0041861253 scopus 로고    scopus 로고
    • The Role of Information and Social Interactions in Retirement Plan Decisions: Evidence from a Randomized Experiment
    • and
    • Duflo, E., and E. Saez. "The Role of Information and Social Interactions in Retirement Plan Decisions: Evidence from a Randomized Experiment." Quarterly Journal of Economics, 118, 2003, 815 842.
    • (2003) Quarterly Journal of Economics , vol.118 , pp. 815-842
    • Duflo, E.1    Saez, E.2
  • 27
    • 0008381256 scopus 로고
    • Employee Benefit Research Institute. Washington, DC. Employment Benefit Research Institute EBRI Special Report SR-27, Issue Brief No. 156
    • Employee Benefit Research Institute. Retirement Confidence in America: Getting Ready for Tomorrow. Washington, DC : Employment Benefit Research Institute EBRI Special Report SR-27, Issue Brief No. 156, 1994.
    • (1994) Retirement Confidence in America: Getting Ready for Tomorrow.
  • 28
    • 0042408380 scopus 로고
    • Employee Benefit Research Institute. Washington, DC. Employment Benefit Research Institute EBRI Issue Brief no. 160
    • Employee Benefit Research Institute. Can We Save Enough to Retire? Participant Education in Defined Contribution Plans." Washington, DC : Employment Benefit Research Institute EBRI Issue Brief no. 160, 1995.
    • (1995) Can We Save Enough to Retire? Participant Education in Defined Contribution Plans."
  • 31
    • 70350503310 scopus 로고    scopus 로고
    • "Public and Private Retirement Programs in the United States." Ph.D. dissertation. Stanford University
    • Garrett, D. M. "Public and Private Retirement Programs in the United States." Ph.D. dissertation, Stanford University, 1996.
    • (1996)
    • Garrett, D.M.1
  • 32
    • 0042909254 scopus 로고
    • Communication Yields Success for XTRA 401(k)
    • Geisel, J. "Communication Yields Success for XTRA 401(k)." Business Insurance, 10, 1995, 3.
    • (1995) Business Insurance , vol.10 , pp. 3
    • Geisel, J.1
  • 34
    • 28044445744 scopus 로고    scopus 로고
    • Household Financial Management: The Connection between Knowledge and Behavior
    • and
    • Hilgert, M. A., J. M. Hogarth, and S. G. Beverly, "Household Financial Management: The Connection Between Knowledge and Behavior." Federal Reserve Bulletin, 89, 2003, 309 322.
    • (2003) Federal Reserve Bulletin , vol.89 , pp. 309-322
    • Hilgert, M.A.1    Hogarth, J.M.2    Beverly, S.G.3
  • 35
    • 20144363471 scopus 로고    scopus 로고
    • Understanding the Impact of Employer-Provided Financial Education on Workplace Satisfaction
    • and
    • Hira, T. K., and C. Loibla. "Understanding the Impact of Employer-Provided Financial Education on Workplace Satisfaction." Journal of Consumer Affairs, 39, 2005, 173 194.
    • (2005) Journal of Consumer Affairs , vol.39 , pp. 173-194
    • Hira, T.K.1    Loibla, C.2
  • 36
    • 20144370057 scopus 로고    scopus 로고
    • "financial Knowledge, Experience and Learning Preferences: Preliminary Results from a New Survey on Financial Literacy."
    • and
    • Hogarth, J. M., and M. A. Hilgert. "Financial Knowledge, Experience and Learning Preferences: Preliminary Results from a New Survey on Financial Literacy." Consumer Interests Annual, 48, 2002.
    • (2002) Consumer Interests Annual , vol.48
    • Hogarth, J.M.1    Hilgert, M.A.2
  • 37
    • 0011831211 scopus 로고    scopus 로고
    • "employee Decisions with Respect to 401(k) Plans, "
    • and. in. edited by. O. S. Mitchell. and. S. Scheiber. Philadelphia. University of Pennsylvania Press, Pension Research Council, The Wharton School, University of Pennsylvania
    • Kusko, A., J. M. Poterba, and D. W. Wilcox. "Employee Decisions With Respect to 401(k) Plans, " in Living with Defined Contribution Pensions, edited by O. S. Mitchell and S. Scheiber. Philadelphia : University of Pennsylvania Press, Pension Research Council, The Wharton School, University of Pennsylvania, 1998, 98 112.
    • (1998) Living with Defined Contribution Pensions , pp. 98-112
    • Kusko, A.1    Poterba, J.M.2    Wilcox, D.W.3
  • 38
    • 0002855123 scopus 로고    scopus 로고
    • "information, Expectations, and Savings for Retirement, "
    • in. edited by. H. Aaron. Washington, DC. Brookings Institution and Russell Sage Foundation
    • Lusardi, A. "Information, Expectations, and Savings for Retirement, " in Behavioral Dimensions of Retirement Economics, edited by H. Aaron. Washington, DC : Brookings Institution and Russell Sage Foundation, 1999, 81 115.
    • (1999) Behavioral Dimensions of Retirement Economics , pp. 81-115
    • Lusardi, A.1
  • 39
    • 34547127363 scopus 로고    scopus 로고
    • "saving for Retirement: The Importance of Planning."
    • Washington, DC. TIAA
    • Lusardi, A. "Saving for Retirement: The Importance of Planning." Research Dialogue 66, Washington, DC : TIAA-CREF Institute, 2000.
    • (2000) Research Dialogue , vol.66
    • Lusardi, A.1
  • 40
    • 33847074100 scopus 로고    scopus 로고
    • "savings and the Effectiveness of Financial Education, "
    • in. edited by. O. S. Mitchell. and. S. Utkus. Oxford. Oxford University Press
    • Lusardi, A. "Savings and the Effectiveness of Financial Education, " in Pension Design and Structure: New Lessons from Behavioral Finance, edited by O. S. Mitchell and S. Utkus. Oxford : Oxford University Press, 2004, 157 184.
    • (2004) Pension Design and Structure: New Lessons from Behavioral Finance , pp. 157-184
    • Lusardi, A.1
  • 41
    • 33847049934 scopus 로고    scopus 로고
    • "baby Boomer Retirement Security: The Roles of Planning, Financial Literacy, and Housing Wealth."
    • and
    • Lusardi, A., and O. S. Mitchell. "Baby Boomer Retirement Security: The Roles of Planning, Financial Literacy, and Housing Wealth." Journal of Monetary Economics, 54, 2007, 205 224.
    • (2007) Journal of Monetary Economics , vol.54 , pp. 205-224
    • Lusardi, A.1    Mitchell, O.S.2
  • 42
    • 0039888638 scopus 로고    scopus 로고
    • "the Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior."
    • and
    • Madrian, B. C., and D. F. Shea. "The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior." Quarterly Journal of Economics, 116, 2001, 1149 1187.
    • (2001) Quarterly Journal of Economics , vol.116 , pp. 1149-1187
    • Madrian, B.C.1    Shea, D.F.2
  • 43
    • 84901170559 scopus 로고    scopus 로고
    • "financial Education and Private Pensions, "
    • in. edited by. W. Gale. J. Shoven. and. M. Warshowsky. Brookings Institution Press
    • Maki, D. "Financial Education and Private Pensions, " in Private Pensions and Public Policies, edited by W. Gale, J. Shoven, and M. Warshowsky. Brookings Institution Press, 2004, 126 139.
    • (2004) Private Pensions and Public Policies , pp. 126-139
    • Maki, D.1
  • 47
    • 0000310545 scopus 로고
    • "investment in Human Capital and Personal Income Distribution."
    • Mincer, J. "Investment in Human Capital and Personal Income Distribution." Journal of Political Economy, 66, 1958, 281 302.
    • (1958) Journal of Political Economy , vol.66 , pp. 281-302
    • Mincer, J.1
  • 48
    • 0038604403 scopus 로고    scopus 로고
    • Does Retirement Education Teach People to Save Pension Distributions?
    • Muller, L. A. "Does Retirement Education Teach People to Save Pension Distributions?" Social Security Bulletin, 64, 2001 2002, 48 65.
    • Social Security Bulletin , vol.64 , pp. 48-65
    • Muller, L.A.1
  • 49
    • 0001235830 scopus 로고
    • "participation in and Contributions to 401(k) Plans: Evidence from Plan Data."
    • Papke, L. E., "Participation in and Contributions to 401(k) Plans: Evidence from Plan Data." Journal of Human Resources, 30, 1995, 311 325.
    • (1995) Journal of Human Resources , vol.30 , pp. 311-325
    • Papke, L.E.1
  • 50
    • 0038811583 scopus 로고    scopus 로고
    • "did 401(k) Plans Replace Other Employer Provided Pensions?"
    • and. in. edited by. D. Wise. Chicago. University of Chicago Press
    • Papke, L., M. Petersen, and J. M. Poterba. "Did 401(k) Plans Replace Other Employer Provided Pensions?" in Advances in the Economics of Aging, edited by D. Wise. Chicago : University of Chicago Press, 1996, 219 236.
    • (1996) Advances in the Economics of Aging , pp. 219-236
    • Papke, L.1    Petersen, M.2    Poterba, J.M.3
  • 51
    • 0004833314 scopus 로고
    • "401(k) Plans and Tax-Deferred Saving, "
    • and. in. edited by. David A. Wise. Chicago. University of Chicago Press
    • Poterba, J. M., S. F. Venti, and D. A. Wise. "401(k) Plans and Tax-Deferred Saving, " in Studies in the Economics of Aging, edited by David A. Wise. Chicago : University of Chicago Press, 1994, 105 138.
    • (1994) Studies in the Economics of Aging , pp. 105-138
    • Poterba, J.M.1    Venti, S.F.2    Wise, D.A.3
  • 52
    • 70350491308 scopus 로고    scopus 로고
    • "Determining the Size and Distribution of 401(k) Tax Benefits: An Empirical Application of Real Options Pricing Theory." Ph.D. dissertation. Stanford University
    • Scott, J. "Determining the Size and Distribution of 401(k) Tax Benefits: An Empirical Application of Real Options Pricing Theory." Ph.D. dissertation, Stanford University, 1997.
    • (1997)
    • Scott, J.1
  • 53
    • 84977427532 scopus 로고
    • "the Behavioral Life-Cycle Hypothesis."
    • and
    • Sheffrin, H. M., and R. H. Thaler. "The Behavioral Life-Cycle Hypothesis." Economic Inquiry, 26, 1988, 609 643.
    • (1988) Economic Inquiry , vol.26 , pp. 609-643
    • Sheffrin, H.M.1    Thaler, R.H.2
  • 55
    • 84858091053 scopus 로고    scopus 로고
    • "how Much Do People Need to Know about Their Pensions and What Do They Know?"
    • in. edited by. R. Holzmann. and. E. Palmer. Washington, DC. World Bank Publications
    • Sunden, A. "How Much Do People Need to Know about Their Pensions and What Do They Know?" in Pension Reform: Issues and Prospects for Non-Financial Defined Contribution (NDC) Schemes, edited by R. Holzmann and E. Palmer. Washington, DC : World Bank Publications, 2006, 325 341.
    • (2006) Pension Reform: Issues and Prospects for Non-Financial Defined Contribution (NDC) Schemes , pp. 325-341
    • Sunden, A.1
  • 56
    • 0035600714 scopus 로고    scopus 로고
    • "state Curriculum Mandates and Student Knowledge of Personal Finance."
    • and
    • Tennyson, S., and C. Nguyen. "State Curriculum Mandates and Student Knowledge of Personal Finance." Journal of Consumer Affairs, 35, 2001, 241 262.
    • (2001) Journal of Consumer Affairs , vol.35 , pp. 241-262
    • Tennyson, S.1    Nguyen, C.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.