Project Details
Projekt
Financial decisions over the life cycle (C01)
Subject Area
Economic Policy, Applied Economics
Term
since 2018
Project identifier
Deutsche Forschungsgemeinschaft (DFG) - Project number 326731373
In this project, we take a novel perspective on financial decision-making. We enhance classical economic models of the life cycle with features such as non-standard expectation formation, behavioral biases in decision-making, and peer effects. Using customized longitudinal data that are linked to administrative records, we estimate the parameters of the enhanced models. Our results will generate new insights into the design of institutions such as social insurance schemes and the regulation of financial advice.
DFG Programme
CRC/Transregios
Subproject of
TRR 224:
Economic Perspectives on Societal Challenges: Equality of Opportunity, Market Regulation, and Financial Stability
Applicant Institution
Universität Mannheim
