Attanasio, Orazio P.; DeLeire, Thomas - Harris School of Public Policy, University of Chicago - 1999
) will increase national savings. Much of the empirical debate on this question has centered on whether IRA contributions … two possibilities; we compare the consumption growth of households which had just opened an IRA account with that of … households which already had invested in an IRA. We find no evidence that households financed their IRA contributions from …