Playing with your Future: Who Gambles in Defined-Contribution Pension Plans?
(2018)
Journal Article
Clark, G. L., Fiaschetti, M., Tufano, P., & Viehs, M. (2018). Playing with your Future: Who Gambles in Defined-Contribution Pension Plans?. International Review of Financial Analysis, 60, 213-225. https://doi.org/10.1016/j.irfa.2018.09.007
In this article, we investigate the relationship between volatility in the stock market and the trading behaviour of employees in defined-contribution (DC) pension schemes. We found that 10 per cent of our sample exhibited compulsive gambling behavio... Read More about Playing with your Future: Who Gambles in Defined-Contribution Pension Plans?.