“…Other research using US data includes Bernheim, Skinner, and Weinberg (2001), Rohwedder (2003, 2006), Lundberg, Startz, and Stilman (2003), Hurst (2003), Laitner and Silverman (2005), Anguiar and Hurst (2005), Scholz, Seshadri, and Khiatrakun (2006), Haider and Stephens (2007), Hurst (2007, 2013), Ameriks, Caplin and Leahy (2007), Fisher, Johnson, Marchand, Smeeding, and Torrey (2008), Hurst (2008), Aguila, Attanasio, and Meghir (2011). Other research uses data from other developed countries, for example, Italy (Miniaci, Monfardini, and Weber, 2002;Battistin, et al, 2007Battistin, et al, , 2009Minicaci, Monfardini, and Weber, 2010), UK (Banks, Blundell, and Tanner, 1998;Smith, 2004Smith, , 2006, Germany (Schwerdt, 2005), France (Moreau and Stancanelli, 2013), Australia (Barrett and Brzozowski, 2012), Russia (Nivorozhkin, 2010), Japan (Wakabayashi, 2008), and Korea (An and Choi, 2004;Cho, 2012). Hicks (forthcoming) uses data from Mexico.…”