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Suboptimal Household Investment and Information-Processing Frictions: Evidence from 529 College Savings Plans

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NBER2023-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w30848
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资源简介:
We use the 529 college savings plan setting to investigate whether and why households make suboptimal choices to invest in local assets. We estimate that 67% of open accounts between 2010 and 2020 were located suboptimally, due to the plans tax inefficiencies and high expenses. Over the accounts
提供机构:
美国国家经济研究局
创建时间:
2023-01-01
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