Cultural Aspects of Retirement Saving Decisions

Last registered on January 31, 2024
View Trial History

Pre-Trial

Trial Information

General Information

Title
Cultural Aspects of Retirement Saving Decisions
RCT ID
AEARCTR-0012807
Initial registration date
January 26, 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 31, 2024, 11:46 AM EST

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

Locations

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

Request Information

Primary Investigator

Name
Andreas Dibiasi
Affiliation
Free University of Bozen-Bolzano
Contact Primary Investigator

Other Primary Investigator(s)

PI Name
Mirco Tonin
PI Affiliation
Free University of Bozen-Bolzano
Contact Investigator
PI Name
Claudia Curi
PI Affiliation
Free University of Bozen-Bolzano
Contact Investigator
PI Name
Matteo Ploner
PI Affiliation
University of Trento
Contact Investigator

Additional Trial Information

Status
In development
Start date
2024-01-28
End date
2025-02-02
Keywords
Behavior, Education, Finance & Microfinance
Additional Keywords
Saving decisions
JEL code(s)
Secondary IDs
Prior work
This trial does not extend or rely on any prior RCTs.
Abstract
We study the role of financial literacy and cultural aspects in retirement saving decisions. To this end, we conduct a survey experiment among 1000 individuals in the region Trentino-Alto Adige/Südtirol in Italy.
External Link(s)

Registration Citation

Citation
Curi, Claudia et al. 2024. "Cultural Aspects of Retirement Saving Decisions." AEA RCT Registry. January 31. https://doi.org/10.1257/rct.12807-1.0
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
2024-01-28
Intervention End Date
2024-02-11

Primary Outcomes

Primary Outcomes (end points)
We have various outcome variables:
Change in beliefs about life expectancy.
Change in planned retirement age.
Change in the amount participants plan to save for retirement.
Changes in the propensity to transform retirement savings into a pension or take the whole capital at once.
Change in subjective beliefs that one has done a good job in planning retirement.
Propensity if a participant without voluntary retirement savings, plans to start saving voluntarily for retirement in the future.
Propensity if a participant states that she wants to get additional information on voluntary retirement savings.
Propensity if a participant provides email address to receive additional information.
Propensity if a participants, who provided email and receives additional information, actually clicks on links in the email.

Primary Outcomes (explanation)

Secondary Outcomes

Secondary Outcomes (end points)
Secondary Outcomes (explanation)

Experimental Design

Experimental Design
We conduct a survey experiment among 1000 individuals in the region Trentino-Alto Adige/Südtirol in Italy.
Experimental Design Details
Not available
Randomization Method
Randomization done by a computer.
Randomization Unit
Individuals
Was the treatment clustered?
Yes

Experiment Characteristics

Sample size: planned number of clusters
We have the following six clusters:
Trentino - Male
Trentino - Female
Alto Adige - German - Male
Alto Adige - German - Female
Alto Adige - Italian - Male
Alto Adige - Italian - Female

Sample size: planned number of observations
1000 individuals
Sample size (or number of clusters) by treatment arms
500 treatment and 500 control
Minimum detectable effect size for main outcomes (accounting for sample design and clustering)
Supporting Documents and Materials
IRB

Institutional Review Boards (IRBs)

IRB Name
IRB Approval Date
IRB Approval Number
Analysis Plan