This paper examines the extent to which permanent terms-of-trade shocks have an asymmetric effect on private savings … in bad states of nature, savings rates will respond asymmetrically to favorable movements in the permanent component of … standard determinants of private savings. The results, based on panel data for non-oil commodity exporters of sub …

This paper investigates whether peer effects play an important role in retirement savings decisions. We use individual …

In this paper, we analyze the 401(k) savings behavior of employees in a large U.S. corporation before and after an … switch to automatic enrollment dramatically changed the savings behavior of employees. We have two key findings. First, 401(k … chosen by the company under automatic enrollment has a strong influence on the savings behavior of 401(k) participants. A …