Education savings plans, matching contributions, and household financial allocations: Evidence from a Canadian reform
Abstract
Despite a large literature that investigates the effects of education savings plans on schooling outcomes, much less is known about how parents finance this saving and how it affects other household spending, including spending broadly related to child-rearing. To provide new insights on this issue, this paper estimates the spillover effects of contributions to an education savings plan on household spending and retirement saving behavior in...
Paper Details
Title
Education savings plans, matching contributions, and household financial allocations: Evidence from a Canadian reform
Published Date
Dec 1, 2019
Volume
73
Pages
101922 - 101922
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