Gender Disparities in Retirement Planning: Unveiling the Role of Norms and Social Identity

Last registered on January 19, 2024
View Trial History

Pre-Trial

Trial Information

General Information

Title
Gender Disparities in Retirement Planning: Unveiling the Role of Norms and Social Identity
RCT ID
AEARCTR-0011759
Initial registration date
January 14, 2024

Initial registration date is when the trial was registered.

It corresponds to when the registration was submitted to the Registry to be reviewed for publication.

First published
January 19, 2024, 2:03 PM EST

First published corresponds to when the trial was first made public on the Registry after being reviewed.

Locations

Country
Germany
Region

Primary Investigator

Name
Julia Sophia Schmid
Affiliation
University of Hohenheim, Germany
Contact Primary Investigator

Other Primary Investigator(s)

Additional Trial Information

Status
In development
Start date
2024-01-22
End date
2024-02-16
Keywords
Behavior, Gender
Additional Keywords
retirement planning, gender norms, gender pension gap
JEL code(s)
C93, D9, D15, D63, J16, J26, J32
Secondary IDs
Prior work
This trial does not extend or rely on any prior RCTs.
Abstract
Despite the increased proportion of women in education and leadership positions, gender gaps persist in many areas such as wages, investments and pensions. Factors influencing these discrepancies are manifold, including gender norms and social identity. This research study explores norm-related gender disparities in retirement planning. Using a large-scale online survey experiment in Germany, I will examine how emphasising prevailing gender norms regarding long-term financial decisions in relationships leads to gender differences in outcomes relevant to retirement planning. This research provides important results, especially in the context of gender equity, but also to understand mechanisms to address one of the most important challenges worldwide in the coming years, the changing pension system and increasing poverty in old age.
External Link(s)

Registration Citation

Citation
Schmid, Julia Sophia. 2024. "Gender Disparities in Retirement Planning: Unveiling the Role of Norms and Social Identity." AEA RCT Registry. January 19. https://doi.org/10.1257/rct.11759-1.0
Sponsors & Partners

There is information in this trial unavailable to the public. Use the button below to request access.

Request Information
Experimental Details

Interventions

Intervention(s)
Intervention Start Date
2024-01-22
Intervention End Date
2024-02-16

Primary Outcomes

Primary Outcomes (end points)
The two key outcome variables are the measures for preferences for retirement planning and beliefs about retirement planning.
Primary Outcomes (explanation)
The outcomes will be constructed by six different variables, three variables per key outcome variable, which will then build two summary indices (see PAP).

Secondary Outcomes

Secondary Outcomes (end points)
Secondary Outcomes (explanation)

Experimental Design

Experimental Design
Participants are randomly divided into two groups. The treatment group receives a salience norm treatment and is asked to estimate the proportion of people in Germany who believe that women and men, respectively, are responsible for long-term financial decisions in a relationship. The control group receives no treatment. I investigate how this salience norm treatment affects my measure of retirement planning.
Experimental Design Details
see PAP
Randomization Method
Randomization into treatment and control group is handled by the survey provider bilendi & respondi.
Randomization Unit
individual
Was the treatment clustered?
No

Experiment Characteristics

Sample size: planned number of clusters
not clustered
Sample size: planned number of observations
1500 respondents
Sample size (or number of clusters) by treatment arms
750 respondents in the treatment group, 750 respondents in the control group
Minimum detectable effect size for main outcomes (accounting for sample design and clustering)
see PAP
Supporting Documents and Materials
IRB

Institutional Review Boards (IRBs)

IRB Name
University of Hohenheim
IRB Approval Date
2023-10-30
IRB Approval Number
Ethical Approval_2023_34_Schmid
Analysis Plan

There is information in this trial unavailable to the public. Use the button below to request access.

Request Information

Post-Trial

Post Trial Information

Study Withdrawal

There is information in this trial unavailable to the public. Use the button below to request access.

Request Information

Intervention

Is the intervention completed?
No
Data Collection Complete
Data Publication

Data Publication

Is public data available?
No

Program Files

Program Files
Reports, Papers & Other Materials

Relevant Paper(s)

Reports & Other Materials