theory: tax-payers' response to incentives is slow, which changes the optimal management of collection promises. Finally, we …

characterization of asset premia and precautionary savings effects in steady state …

Automatic enrollment is often used to increase retirement savings. What are the effects of using it (or, alternatively …, requiring an active enrollment choice) to increase short-term savings? We evaluate two experiments in the U.K. at employers that … enable workers to set up payroll contributions to fund short-term savings accounts. In the first experiment (N = 7 …

-preference survey experiment of Canadian households. Low risk aversion, substitution between housing and consumption and low marginal …

We introduce a new database of historical Genuine Savings (GS), an indicator of sustainable development promoted by the …

they lost their predominance within the following decades as they were pushed to convert into Savings and Loans (S …&Ls). This study examines whether the U.S. government-insured Postal Savings System attracted funds away from B&Ls precisely when … show that the sudden rise in local postal savings was associated with local downturns in B&Ls. Using a panel vector …

. We find that 60% of open accounts in college 529 savings plans are invested suboptimally due to high expenses and tax … information processing frictions shape households' suboptimal investment in college savings plans and reduce their financial well-being …

We provide a simple framework connecting the distribution of excess savings across households to the dynamics of … aggregate demand. Deficit-financed fiscal transfers generate excess savings. The poorest households with the highest MPCs spend … down their excess savings the fastest, increasing other households' incomes and their excess savings. This leads to a long …