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The effects of employer matching and income risk in 401(k) plans

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  • Zhou, Jie

Abstract

Using a simple life-cycle model, this paper studies the effects of employer matching and income risk on employees' 401(k) participation and contributions. We find that both employer matching and income risk have a large impact on employee decisions. The effects differ for different income and age groups.

Suggested Citation

  • Zhou, Jie, 2009. "The effects of employer matching and income risk in 401(k) plans," Economic Modelling, Elsevier, vol. 26(6), pages 1193-1200, November.
  • Handle: RePEc:eee:ecmode:v:26:y:2009:i:6:p:1193-1200
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