Would People Behave Differently If They Better Understood Social Security? Evidence from a Field Experiment

American Economic Journal: Economic Policy - Tập 7 Số 1 - Trang 275-299 - 2015
Jeffrey B. Liebman1,2, Erzo F.P. Luttmer3
1HARVARD U
2John F. Kennedy School of Government, Harvard University, 79 JFK Street, Cambridge, MA 02138 (e-mail: )
3Department of Economics, Dartmouth College, 6106 Rockefeller Center, Hanover, NH 03755 (e-mail: ).

Tóm tắt

This paper presents the results of a randomized field experiment that provided information about key Social Security features to older workers. The experiment was designed to examine whether it is possible to affect individual behavior using a relatively inexpensive informational intervention about the provisions of a public program and to explore the mechanisms underlying the behavior change. We find that our relatively mild intervention (sending an informational brochure and an invitation to a web-tutorial) increased labor force participation one year later by 4 percentage points relative to the control group mean of 74 percent. (JEL C93, D12, H55)

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Thông tin
Thông tin xuất bản

American Economic Journal: Economic Policy

Tập 7 Số 1

275-299

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