Tag: saving behavior
Women’s adult years spent as part of a couple declined sharply. People are often interested in studying the saving behavior of women. I have generally resisted that approach because women have traditionally lived in households where the couple makes decisions jointly. In that world, I would think that married women and single women would look…
Abstract State wage-payment laws, which forbid deductions from wages and salaries without the written permission of the employee, constituted a binding constraint on firms’ choices to adopt automatic enrollment in 401(k) plans prior to 2006. Since the passage of the Pension Protection Act of 2006, which clarified the legality of auto-enroll plans and superseded thes…