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Which Early Withdrawal Penalty Attracts the Most Deposits to a Commitment Savings Account?

Previous research has shown that some people voluntarily use commitment contracts that restrict their own choice sets. We study how people divide money between two accounts: a liquid account that permits unrestricted withdrawals and a commitment account that is randomly assigned in a between-subject...

תיאור מלא

שמור ב:
מידע ביבליוגרפי
הוצא לאור ב:J Public Econ
Main Authors: Beshears, John, Choi, James J., Harris, Christopher, Laibson, David, Madrian, Brigitte C., Sakong, Jung
פורמט: Artigo
שפה:Inglês
יצא לאור: 2020
נושאים:
גישה מקוונת:https://ncbi.nlm.nih.gov/pmc/articles/PMC7079766/
https://ncbi.nlm.nih.gov/pubmed/32189814
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1016/j.jpubeco.2020.104144
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