TY  - BOOK
AU  - Madrian,Brigitte C.
ED  - National Bureau of Economic Research.
TI  - Matching Contributions and Savings Outcomes: A Behavioral Economics Perspective 
T2  - NBER working paper series
PY  - 2012///
CY  - Cambridge, Mass.
PB  - National Bureau of Economic Research
N1  - July 2012; Hardcopy version available to institutional subscribers
N2  - Including a matching contribution increases savings plan participation and contributions, although the impact is less significant than the impact of nonfinancial approaches. Conditional on participation, a higher match rate has only a small effect on savings plan contributions. In contrast, the match threshold has a substantial impact, probably because it serves as a natural reference point when individuals are deciding how much to save and may be viewed as advice from the savings program sponsor on how much to save. Other behavioral approaches to changing savings plan outcomes--including automatic enrollment, simplification, planning aids, reminders, and commitment features--potentially have a much greater impact on savings outcomes than do financial incentives, often at a much lower cost
UR  - https://www.nber.org/papers/w18220
UR  - http://dx.doi.org/10.3386/w18220
ER  -