State wage-payment laws, the Pension Protection Act of 2006, and 401(k) saving behavior |
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| Authors: | Gary V. Engelhardt |
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| Affiliation: | a426 Eggers Hall, Syracuse University, Syracuse, NY 13244, United States |
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| Abstract: | I show empirically that state wage-payment laws, which forbid deductions from wages and salaries without the written permission of the employee, constituted a binding constraint on firms’ choices to adopt automatic enrollment in 401(k) plans prior to 2006. |
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| Keywords: | JEL classification: J26 H2 |
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