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Lades, Leonhard K., Egan, Mark, Delaney, Liam and Daly, Michael (2017) Childhood self-control and adult pension participation. Economics Letters, 161. pp. 102-104. ISSN 0165-1765
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Abstract
Self-control problems have been proposed as a key reason for low pension saving rates, yet evidence
of this link remains scarce. We test the association between childhood self-control and adult pension
participation using data from 14,223 individuals from two nationally-representative British cohorts. We
find that a 1 standard deviation increase in self-control predicts a 4–5 percentage point higher probability
of having a pension. Mediation analysis shows that about 50–60 percent of this association is explained
by the contribution of self-control to a range of factors (e.g. education, economic status, home-ownership)
which are associated with pension uptake throughout adulthood.
| Item Type: | Article |
|---|---|
| Keywords: | Self-control; Pension; Retirement; Cohort studies; |
| Academic Unit: | Faculty of Science and Engineering > Psychology |
| Item ID: | 15572 |
| Identification Number: | 10.1016/j.econlet.2017.09.025 |
| Depositing User: | Michael Daly |
| Date Deposited: | 24 Feb 2022 14:52 |
| Journal or Publication Title: | Economics Letters |
| Publisher: | Elsevier |
| Refereed: | Yes |
| Related URLs: | |
| URI: | https://mural.maynoothuniversity.ie/id/eprint/15572 |
| Use Licence: | This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available here |
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