Concepedia

How Financial Literacy and Impatience Shape Retirement Wealth and Investment Behaviors

Justine Hastings, Olivia Mitchell

SSRN Electronic Journal · 2010 · 107 citations · 12 references

Open access

Concepts

BusinessEconomicsFinanceBehavioral EconomicsBehavioral FinanceExperimental EconomicsBehavioral Decision-makingCognitive Biases In InvestingFinancial LiteracyHousehold Financial Decision-makingInvestmentPresent BiasBehavioral Investment DecisionsConsumer Financial BehaviorFinancial WellbeingRetirementRetirement Saving DecisionsRetirement Savings Behavior

References

12

Costly Search and Mutual Fund Flows

Erik R. Sirri, Peter Tufano · The Journal of Finance · 1998 · 3.4K citations

Business, Economics, Finance +17

The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior

Brigitte C. Madrian, Dennis F. Shea · The Quarterly Journal of Economics · 2001 · 2.8K citations

Business, Business Economics, Economics +13

Household Finance

John Y. Campbell · The Journal of Finance · 2006 · 2.2K citations · Full text

Social Sciences, Economics, Finance +12

Baby Boomer retirement security: The roles of planning, financial literacy, and housing wealth

Annamaria Lusardi, Olivia S. Mitchell · Journal of Monetary Economics · 2007 · 2.2K citations

Social Sciences, Demography, Finance +17

Household Financial Management: The Connection between Knowledge and Behavior

Marianne Hilgert, Jeanne M. Hogarth · Federal Reserve Bulletin · 2003 · 1.8K citations

Business, Finance, Financial Management +14