The Role of Financial Education in the Management of Retirement Savings

Autor:	Arun J. Prakash, Edward R. Lawrence, Ann Marie Hibbert
Rok vydání:	2012
Předmět:	Finance business.industry Economics Asset allocation Experimental and Cognitive Psychology business Behavioral economics
Zdroj:	Journal of Behavioral Finance. 13:299-307
ISSN:	1542-7579 1542-7560
DOI:	10.1080/15427560.2012.735727
Popis:	We investigate the role of financial education in the management of Defined Contribution retirement savings plans. We survey Finance and English professors from universities across the United States and compare the management of their savings in the TIAA-CREF® plans. We find that compared with English professors, Finance professors allocate a larger share of their retirement savings to equities, they manage their retirement portfolios more actively, and they are less likely to practice naive diversification strategies.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::6e5df9f857205b0d5465e4bc1b3c227b https://doi.org/10.1080/15427560.2012.735727 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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