Many young employees work on a temporary basis, which entails significantly greater income risk than "permanent" work …, even for jobs in the same occupation and at a similar wage. We find that this income uncertainty leads lenders to ration …

Evaluations of group savings and lending programs have largely focused on average impacts, rather than distributional …

, we provide evidence supporting a causal link between household financial behavior and the income of one's friends …

Consider an economy in which agents face income risk but interact in a stochastic financial network where the … linked often, but are more likely to be linked when (i) the realized network is fragmented, (ii) income risk is high, (iii …

not work at all, time spent with children, and child-related expenditures, we find that income risk impacts skill … childhood is hard--as available evidence suggests--uninsurable income risk can negatively impact the labor market prospects of …

Relative to their counterparts in high-income regions, entrepreneurs in developing countries face less efficient …

-constrained previously decreased their savings more (or increased their savings less) relative to unconstrained firms. However, this firm …-level effect did not lead to a decrease in aggregate corporate savings as conjectured by the theory. Our sector level regressions … show that corporate savings increased after financial reforms, and more so for sectors more dependent on external finance …

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 …