Brigitte C Madrian
Biographic Data
| ID | 1080706 |
|---|---|
| NAME | Brigitte C Madrian |
| GIVEN NAMES | Brigitte C |
| FAMILY NAME | Madrian |
| SIGNATURE | MADRIAN B C |
| AFFILIATIONS | Harvard University |
| ORCID | 0000-0002-4820-4462 |
| VERIFIED | Yes |
| TOTAL WORKS | 10 |
| TOTAL CITATIONS | 20 |
| AUTHOR COUNT | 10 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1994 |
| LATEST PUBLICATION YEAR | 2016 |
| H-INDEX | 2 |
Vaccination Rates are Associated With Functional Proximity But Not Base Proximity of Vaccination Clinics
Minor changes in the environment can have substantial effects on the probability of vaccination. If these results generalize, health systems should emphasize functional proximity over base proximity when locating preventive health services
Using implementation intentions prompts to enhance influenza vaccination rates
We evaluate the results of a field experiment designed to measure the effect of prompts to form implementation intentions on realized behavioral outcomes. The outcome of interest is influenza vaccination receipt at free on-site clinics offered by a large firm to its employees. All employees eligible for study participation received reminder mailings that listed the times and locations of the relevant vaccination clinics. Mailings to employees ran…
Bills on the Sidewalk: Suboptimal Investment in 401(k) Plans
We identify employees at seven companies whose 401(k) investment choices are dominated because they are contributing less than the employer matching contribution threshold despite being vested in their match and being able to make penalty-free 401(k) withdrawals for any reason because they are older than 591⁄2. At the average firm, 36% of match-eligible employees over 591⁄2 forego arbitrage profits that average 1.6% of their annual pay, or $507. …
Consumer Financial Protection
The recent financial crisis has led many to question how well businesses deliver services and how well regulatory institutions address problems in consumer financial markets. This paper discusses consumer financial regulation, emphasizing the full range of arguments for regulation that derive from market failure and from limited consumer rationality in financial decision making. We present three case studies-of mortgage markets, payday lending, a…
Optimal Defaults and Active Decisions
Defaults often have a large influence on consumer decisions. We identify an overlooked but practical alternative to defaults: requiring individuals to make an explicit choice for themselves. We study such "active decisions" in the context of 401(k) saving. We find that compelling new hires to make active decisions about 401(k) enrollment raises the initial fraction that enroll by 28 percentage points relative to a standard opt-in enrollment proce…
How are preferences revealed?
The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior
This paper analyzes the impact of automatic enrollment on 401(k) savings behavior. We have two key findings. First, 401(k) participation is significantly higher under automatic enrollment. Second, a substantial fraction of 401(k) participants hired under automatic enrollment retain both the default contribution rate and fund allocation even though few employees hired before automatic enrollment picked this particular outcome. This “default” behav…
Employment and Health Benefits: A Connection at Risk
The United States is unique among economically advanced nations in its reliance on employers to provide health benefits voluntarily for workers and their families. Although it is well known that this system fails to reach millions of these individuals as well as others who have no connection to the work place, the system has other weaknesses. It also has many advantages. Because most proposals for health care reform assume some continued role for…
Employment-Based Health Insurance and Job Mobility: Is there Evidence of Job-Lock?
This paper assesses the impact of employer-provided health insurance on job mobility by exploring the extent to which workers are “locked” into their jobs because preexisting conditions exclusions make it expensive for individuals with medical problems to relinquish their current health insurance. I estimate the degree of job-lock by comparing the difference in the turnover rates of those with high and low medical expenses for those with and with…
Health Insurance and Job Mobility: The Effects of Public Policy on Job-Lock
The authors study a policy of limited insurance portability that has been adopted by a number of states and the federal government over the past 20 years. They find that these "continuation of coverage" mandates, which grant individuals the right to continue purchasing health insurance through their former employers for a specified period after leaving their jobs, are associated with a significant increase in the job mobility of prime age male wo…
Health Insurance and Job Mobility: The Effects of Public Policy on Job-Lock
The authors study a policy of limited insurance portability that has been adopted by a number of states and the federal government over the past 20 years. They find that these "continuation of coverage" mandates, which grant individuals the right to continue purchasing health insurance through their former employers for a specified period after leaving their jobs, are associated with a significant increase in the job mobility of prime age male wo…
Consumer Financial Protection
The recent financial crisis has led many to question how well businesses deliver services and how well regulatory institutions address problems in consumer financial markets. This paper discusses consumer financial regulation, emphasizing the full range of arguments for regulation that derive from market failure and from limited consumer rationality in financial decision making. We present three case studies-of mortgage markets, payday lending, a…
Employment-Based Health Insurance and Job Mobility: Is there Evidence of Job-Lock?
This paper assesses the impact of employer-provided health insurance on job mobility by exploring the extent to which workers are “locked” into their jobs because preexisting conditions exclusions make it expensive for individuals with medical problems to relinquish their current health insurance. I estimate the degree of job-lock by comparing the difference in the turnover rates of those with high and low medical expenses for those with and with…
Health Insurance and Job Mobility: The Effects of Public Policy on Job-Lock
The authors study a policy of limited insurance portability that has been adopted by a number of states and the federal government over the past 20 years. They find that these "continuation of coverage" mandates, which grant individuals the right to continue purchasing health insurance through their former employers for a specified period after leaving their jobs, are associated with a significant increase in the job mobility of prime age male wo…
Employment and Health Benefits: A Connection at Risk
The United States is unique among economically advanced nations in its reliance on employers to provide health benefits voluntarily for workers and their families. Although it is well known that this system fails to reach millions of these individuals as well as others who have no connection to the work place, the system has other weaknesses. It also has many advantages. Because most proposals for health care reform assume some continued role for…
The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior
This paper analyzes the impact of automatic enrollment on 401(k) savings behavior. We have two key findings. First, 401(k) participation is significantly higher under automatic enrollment. Second, a substantial fraction of 401(k) participants hired under automatic enrollment retain both the default contribution rate and fund allocation even though few employees hired before automatic enrollment picked this particular outcome. This “default” behav…
How are preferences revealed?
Optimal Defaults and Active Decisions
Defaults often have a large influence on consumer decisions. We identify an overlooked but practical alternative to defaults: requiring individuals to make an explicit choice for themselves. We study such "active decisions" in the context of 401(k) saving. We find that compelling new hires to make active decisions about 401(k) enrollment raises the initial fraction that enroll by 28 percentage points relative to a standard opt-in enrollment proce…
Using implementation intentions prompts to enhance influenza vaccination rates
We evaluate the results of a field experiment designed to measure the effect of prompts to form implementation intentions on realized behavioral outcomes. The outcome of interest is influenza vaccination receipt at free on-site clinics offered by a large firm to its employees. All employees eligible for study participation received reminder mailings that listed the times and locations of the relevant vaccination clinics. Mailings to employees ran…
Bills on the Sidewalk: Suboptimal Investment in 401(k) Plans
We identify employees at seven companies whose 401(k) investment choices are dominated because they are contributing less than the employer matching contribution threshold despite being vested in their match and being able to make penalty-free 401(k) withdrawals for any reason because they are older than 591⁄2. At the average firm, 36% of match-eligible employees over 591⁄2 forego arbitrage profits that average 1.6% of their annual pay, or $507. …
Consumer Financial Protection
The recent financial crisis has led many to question how well businesses deliver services and how well regulatory institutions address problems in consumer financial markets. This paper discusses consumer financial regulation, emphasizing the full range of arguments for regulation that derive from market failure and from limited consumer rationality in financial decision making. We present three case studies-of mortgage markets, payday lending, a…
Vaccination Rates are Associated With Functional Proximity But Not Base Proximity of Vaccination Clinics
Minor changes in the environment can have substantial effects on the probability of vaccination. If these results generalize, health systems should emphasize functional proximity over base proximity when locating preventive health services
Economics (8 works) · Business (7 works) · Actuarial science (5 works) · Financial Literacy, Pension, Retirement Analysis (4 works) · Healthcare Policy and Management (4 works) · Housing Market and Economics (4 works) · Microeconomics (4 works) · Public economics (4 works) · Economic growth (3 works) · Health care (3 works)