by household optimization also arise in an economy with a rational planner who uses tools such as default savings and … highlight the distinction between planner optimization and household optimization. We show that planner optimization is a … substitute for household optimization and that this is true even when there are information asymmetries, so that households know …

We analyze the saving motives of European households using micro-data from the Household Finance and Consumption Survey …

aggregate household saving rates in Japan, China, and India. The observed age distributions help explain the contrasting saving … lower household saving rates in Japan and China …We present a model of household life-cycle saving decisions in order to quantify the impact of demographic changes on …

The safety nets in high-income countries before 1900 and in low-income countries today were based on savings and aid …

household of only three people, in 1850 household size was twice that figure. Further, both the number of children and the … number of adults in a household have fallen dramatically. We develop a simple theory of household size where living with … others is beneficial solely because the costs of household public goods can be shared. In other words, we abstract from intra …

household demand for routine preventative health services in rural Burkina Faso. The two-year pilot program randomly distributed …