Lades, Leonhard K. and Egan, Mark and Delaney, Liam and Daly, Michael
(2017)
Childhood self-control and adult pension participation.
Economics Letters, 161.
pp. 102-104.
ISSN 0165-1765
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: |
https://doi.org/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 |
| URI: |
|
| 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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