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Research ArticleArticles

Incorporating Employee Heterogeneity into Default Rules for Retirement Plan Selection

Gopi Shah Goda and Colleen Flaherty Manchester
Journal of Human Resources, January 2013, 48 (1) 198-235; DOI: https://doi.org/10.3368/jhr.48.1.198
Gopi Shah Goda
Gopi Shah Goda is a senior research scholar and coordinator of the Postdoctoral Fellow Program at the Stanford Institute for Economic Policy Research (SIEPR), and a faculty research fellow at the National Bureau of Economic Research (NBER). Colleen Flaherty Manchester is an assistant professor at the Carlson School of Management at the University of Minnesota
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Colleen Flaherty Manchester
Gopi Shah Goda is a senior research scholar and coordinator of the Postdoctoral Fellow Program at the Stanford Institute for Economic Policy Research (SIEPR), and a faculty research fellow at the National Bureau of Economic Research (NBER). Colleen Flaherty Manchester is an assistant professor at the Carlson School of Management at the University of Minnesota
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Article Information

vol. 48 no. 1 198-235
DOI 
https://doi.org/10.3368/jhr.48.1.198
Published By 
University of Wisconsin Press
Print ISSN 
0022-166X
Online ISSN 
1548-8004
History 
  • Accepted February 1, 2012
  • Published online February 7, 2013.
Copyright & Usage 
© 2013 by the Board of Regents of the University of Wisconsin System

Author Information

  1. Gopi Shah Goda and
  2. Colleen Flaherty Manchester
  1. Gopi Shah Goda is a senior research scholar and coordinator of the Postdoctoral Fellow Program at the Stanford Institute for Economic Policy Research (SIEPR), and a faculty research fellow at the National Bureau of Economic Research (NBER). Colleen Flaherty Manchester is an assistant professor at the Carlson School of Management at the University of Minnesota
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Journal of Human Resources: 48 (1)
Journal of Human Resources
Vol. 48, Issue 1
1 Jan 2013
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Incorporating Employee Heterogeneity into Default Rules for Retirement Plan Selection
Gopi Shah Goda, Colleen Flaherty Manchester
Journal of Human Resources Jan 2013, 48 (1) 198-235; DOI: 10.3368/jhr.48.1.198

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Incorporating Employee Heterogeneity into Default Rules for Retirement Plan Selection
Gopi Shah Goda, Colleen Flaherty Manchester
Journal of Human Resources Jan 2013, 48 (1) 198-235; DOI: 10.3368/jhr.48.1.198
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  • Article
    • Abstract
    • I. Introduction
    • II. Background and Related Literature
    • III. Causal Effect of Default on Plan Enrollment
    • IV. Solving for the Optimal Age-Based Default Rule
    • V. Numerical Simulations of the Optimal Age-Based Default Rule
    • VI. Conclusion
    • Appendix 1 Robustness to Choice of Bandwidth
    • Appendix 2 Monte Carlo Simulations
    • Footnotes
    • References
  • Figures & Data
  • Info & Metrics
  • References
  • PDF

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