报告题目：How Financial Consequence Information Shapes Retirement-Product Evaluation: Experimental Evidence from China's Private Pension Account（财务后果信息如何影响退休产品评估：来自中国个人养老金账户的实验证据）
报告人：Hanlin Lou (新南威尔士大学)
报告时间：2026年11月5日（星期四）10:30-11:45
报告地点：商学院405会议室
邀请部门：经济学系
 
报告人简介：
娄汉林，于2022年获得悉尼科技大学经济学博士学位，现任新南威尔士大学商学院经济系Research Fellow。其主要研究方向为行为经济学，实验金融，退休金融等，并发表研究成果于Journal of Banking and Finance, Journal of Economic Behavior and Organization, Journal of Behavioral and Experimental Economics 等期刊。

 

报告摘要：Emerging defined contribution pension systems increasingly require households to manage their own retirement financial security. We examine how the provision and content of financial consequence information shape evaluation of China’s Private Pension Account (PPA). In an online survey experiment with 1,540 Chinese adults eligible for the PPA, participants were randomly assigned to a control group or one of four information treatments: personalized tax savings, projected account balances, aggregate retirement benefits, or a comparison between PPA contributions and mortgage prepayment. Balance projections, aggregate benefit information, and mortgage-related comparisons significantly increased strong interest in the PPA, while tax information had a limited average effect but mattered for selected subgroups. The aggregate-benefit treatment also increased hypothetical income allocated to the PPA. All four treatments reduced the probability of reporting retirement preparation as a general saving motive, suggesting that information may reshape how individuals conceptualize retirement planning.