Show simple item record

dc.contributor.authorBalasuriya, Jiayi
dc.contributor.authorYang, Yu
dc.date.accessioned2020-03-25T01:08:43Z
dc.date.available2020-03-25T01:08:43Z
dc.date.issued2019-06-09
dc.identifier.citationBalasuriya , J & Yang , Y 2019 , ' The role of personality traits in pension decisions: Findings and policy recommendations ' , Applied Economics , vol. 51 , no. 27 , pp. 2901-2920 . https://doi.org/10.1080/00036846.2018.1563670
dc.identifier.issn0003-6846
dc.identifier.otherPURE: 15660078
dc.identifier.otherPURE UUID: c55174f8-6e84-48f3-a72f-7036da0cee27
dc.identifier.otherScopus: 85061061022
dc.identifier.urihttp://hdl.handle.net/2299/22473
dc.description© 2019 Informa UK Limited, trading as Taylor & Francis Group. This is an accepted manuscript of an article published by Taylor & Francis in Applied Economics on 04 Feb 2019, available online: https://doi.org/10.1080/00036846.2018.1563670
dc.description.abstractMany countries need to stimulate pension participation and contribution to ensure their citizens are prepared adequately for retirement. Identifying at-risk groups with tendencies of not joining pension plans will help governments target strategies to improve pension awareness and participation. This study investigates the role of personality traits in pension decision making using data from the UK Household Longitudinal Study. Our results demonstrate that Extraversion significantly correlates with non-participation in private pensions, including both employer run and personal pensions. Individuals who are high in Conscientiousness are more likely to participate and pay more into personal pensions. Openness to experience is negatively correlated with saving via personal pensions. Agreeableness and Extraversion correlate inversely with the amount contributed to personal plans. This paper discusses our findings in detail and offers policy implications which may help promote pension participation and ease the problem of old age poverty.en
dc.format.extent20
dc.language.isoeng
dc.relation.ispartofApplied Economics
dc.titleThe role of personality traits in pension decisions: Findings and policy recommendationsen
dc.contributor.institutionDepartment of Accounting, Finance and Economics
dc.contributor.institutionOrganisation, Markets and Policy Research Group
dc.contributor.institutionHertfordshire Business School
dc.description.statusPeer reviewed
dc.date.embargoedUntil2020-08-04
rioxxterms.versionAM
rioxxterms.versionofrecordhttps://doi.org/10.1080/00036846.2018.1563670
rioxxterms.typeJournal Article/Review
herts.preservation.rarelyaccessedtrue


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record