Chart 4
Graphical inspection of crowd-out

Warning View the most recent version.

Archived Content

Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please "contact us" to request a format other than those available.

Archived

This page has been archived on the Web.

Chart 4 Graphical inspection of crowd-out

Data table for Chart 4
Data table for Chart 4
Table summary
This table displays the results of Data table for Chart 4. The information is grouped by Labour income (dollars) relative to the kink (appearing as row headers), Panel A: First-stage effect of integration on registered pension plan contributions, Panel B: Second-stage crowd-out effect in savings in registered retirement savings plans, Average contributions (in $1,000 bins), Trend line, Post-treatment counterfactual and Post-treatment trend, calculated using dollars units of measure (appearing as column headers).
Labour income (dollars) relative to the kink Panel A: First-stage effect of integration on registered pension plan contributionsData table Note 1 Panel B: Second-stage crowd-out effect in savings in registered retirement savings plansData table Note 2
Average contributions (in $1,000 bins) Trend line Post-treatment counterfactual Post-treatment trend Average contributions (in $1,000 bins) Trend line Post-treatment counterfactual Post-treatment trend
dollars
-$9,000 3,000 2,937 Note ...: not applicable Note ...: not applicable 2,100 2,031 Note ...: not applicable Note ...: not applicable
-$8,000 3,100 3,040 Note ...: not applicable Note ...: not applicable 2,100 2,070 Note ...: not applicable Note ...: not applicable
-$7,000 3,200 3,143 Note ...: not applicable Note ...: not applicable 2,100 2,109 Note ...: not applicable Note ...: not applicable
-$6,000 3,300 3,245 Note ...: not applicable Note ...: not applicable 2,150 2,148 Note ...: not applicable Note ...: not applicable
-$5,000 3,400 3,348 Note ...: not applicable Note ...: not applicable 2,200 2,187 Note ...: not applicable Note ...: not applicable
-$4,000 3,550 3,451 Note ...: not applicable Note ...: not applicable 2,250 2,226 Note ...: not applicable Note ...: not applicable
-$3,000 3,600 3,554 Note ...: not applicable Note ...: not applicable 2,300 2,266 Note ...: not applicable Note ...: not applicable
-$2,000 3,700 3,657 Note ...: not applicable Note ...: not applicable 2,350 2,305 Note ...: not applicable Note ...: not applicable
-$1,000 3,850 3,760 Note ...: not applicable Note ...: not applicable 2,350 2,344 Note ...: not applicable Note ...: not applicable
$0 3,950 3,863 3,863 3,863 2,400 2,383 2,383 2,383
$1,000 4,050 Note ...: not applicable 3,965 4,008 2,400 Note ...: not applicable 2,422 2,407
$2,000 4,200 Note ...: not applicable 4,068 4,153 2,450 Note ...: not applicable 2,461 2,431
$3,000 4,350 Note ...: not applicable 4,171 4,298 2,450 Note ...: not applicable 2,500 2,456
$4,000 4,500 Note ...: not applicable 4,274 4,443 2,500 Note ...: not applicable 2,539 2,480
$5,000 4,650 Note ...: not applicable 4,377 4,588 2,500 Note ...: not applicable 2,578 2,504
$6,000 4,850 Note ...: not applicable 4,480 4,732 2,550 Note ...: not applicable 2,617 2,529
$7,000 5,000 Note ...: not applicable 4,583 4,877 2,550 Note ...: not applicable 2,656 2,553
$8,000 5,100 Note ...: not applicable 4,686 5,022 2,600 Note ...: not applicable 2,695 2,577
... not applicable
Note 1.

Estimate of pre-treatment slope = 0.103 (p < 0.001); kink estimate = 0.043 (p < 0.001).

Return to note 1 referrer

Note 2.

Estimate of pre-treatment slope = 0.039 (p < 0.001); kink estimate = -0.015 (p <0.001); crowd-out estimate = 0.349 (p < 0.001).

Return to note 2 referrer

Notes: Panel A shows contributions to registered pension plans (RPPs) as a function of labour income normalized to the average industrial wage. Panel B shows contributions to registered retirement savings plans (RRSPs) as a function of labour income normalized to the average industrial wage. Each data point corresponds to the average contribution in bin widths of $1,000. The simple regression estimates (not controlling for covariates) of the slopes of the savings functions and the magnitudes of the kinks at the average industrial wage are also reported, where standard errors are clustered by individual. The crowd-out estimate is obtained by dividing the (absolute) value of the kink in RRSP contributions by the kink in RPP contributions, and the standard errors are calculated using the Delta method.
Sources: Statistics Canada, Longitudinal Worker File–1991 Census and T1 Personal Master File–2006 Census–2011 National Household Survey.
Date modified: