IDEAS home Printed from https://ideas.repec.org/a/aea/aecrev/v107y2017i5p650-54.html
   My bibliography  Save this article

Some Lasting Effects of Undergraduate Economics on Retirement Planning

Author

Listed:
  • William Bosshardt
  • William B. Walstad

Abstract

This study investigated the likely effects of undergraduate economics on whether a college graduate has opened a retirement account four years after graduation. Economic education is measured by the number of economics credit hours or whether a college graduate had majored in economics. Additional control variables for the logit analyses include occupation differences, employment record, and some demographics. Completing an undergraduate course in economics is significantly associated with having a retirement account, and economics majors are more likely than some other majors to have a retirement account. The analysis uses college transcript data from the Baccalaureate and Beyond study (nces.ed.gov/surveys/b&b/).

Suggested Citation

  • William Bosshardt & William B. Walstad, 2017. "Some Lasting Effects of Undergraduate Economics on Retirement Planning," American Economic Review, American Economic Association, vol. 107(5), pages 650-654, May.
    • Handle: RePEc:aea:aecrev:v:107:y:2017:i:5:p:650-54
    Note: DOI: 10.1257/aer.p20171068
    as

    Download full text from publisher

    File URL: https://www.aeaweb.org/articles?id=10.1257/aer.p20171068
    Download Restriction: no
    File URL: https://www.aeaweb.org/articles/attachments?retrieve=wz1V9qOGx2tiJBd30b1Typ3QzPgSPQ1l
    Download Restriction: Access to full text is restricted to AEA members and institutional subscribers.
    ---><---

    More about this item

    JEL classification:

    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aea:aecrev:v:107:y:2017:i:5:p:650-54. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael P. Albert (email available below). General contact details of provider: https://edirc.repec.org/data/aeaaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.