offered financial education. Both programs included a voluntary after-school savings club that provided students with a locked … money box. After nine months, both programs had significant impacts on savings behavior relative to the control group …, mostly because children moved savings from home to school. We observed few other impacts. We do find that financial education …

% respectively. This puzzle is mostly explained if we value the household’s own labor at zero (a stark assumption), in which case …

expenditure. We find support for these predictions in three field experiments that randomly assign reminders to new savings …

black wealth models. Our analysis of growth models of wealth suggests that differences in savings behavior and/or rates of …

women. Here, using a randomized controlled trial, we examine whether access to an individually-held commitment savings … product leads to an increase in female decision-making power within the household. We find positive impacts, particularly for …-oriented durables goods purchased in the household. …

We designed a commitment savings product for a Philippine bank and implemented it using a randomized control … methodology. The savings product was intended for individuals who want to commit now to restrict access to their savings, and who … for commitment, were indeed significantly more likely to open the commitment savings account. After twelve months, average …

household decision making power and self-perception of savings behavior, as well as actual savings. The product leads to more …Commitment devices for savings could benefit those with self-control as well as familial or spousal control issues. We … find evidence to support both motivations. We examine the impact of a commitment savings product in the Philippines on …

sets of constraints that may hinder the adoption and effective usage of savings products and services by the poor …

inter-generational co-residence masks the true life-cycle patterns of individual savings in standard Chinese household data … sets, which are aggregated at the household level. Moreover, we show that to understand life-cycle Savings behavior it is …We use unique data characterizing individual Savings for twins and non-twins in urban China to examine why the savings …

Evidence on the effectiveness of financial education and formal savings account access is lacking, particularly for … shows the education plus account treatment increases bank savings relative to account-only. But survey-measured total … savings shows roughly equal increases across all treatment arms. Earned income also increases in all treatment arms. We find …