Narrow search
Showing 1 - 10 of 614
Cover Image
A Social Norm Nudge to Save More: A Field Experiment at a Retail Bank
Dur, Robert; Fleming, Dimitry; van Garderen, Marten; … - 2021
A large fraction of households have very little savings buffer and are therefore vulnerable to financial shocks. This paper examines whether a social norm nudge can induce such households to save more. We ran a large-scale field experiment at a retail bank in the Netherlands. We find that...
Persistent link: https://www.econbiz.de/10012493040
Cover Image
Perceived Precautionary Savings Motives: Evidence from FinTech
D'Acunto, Francesco; Rauter, Thomas; Scheuch, Christoph; … - 2020
We study the spending response of first-time borrowers to an overdraft facility and elicit their preferences, beliefs, and motives through a FinTech application. Users increase their spending permanently, lower their savings rate, and reallocate spending from non-discretionary to discretionary...
Persistent link: https://www.econbiz.de/10012207888
Cover Image
Household saving rates and the design of social security programmes : evidence from a country panel
Disney, Richard - 2005
I argue that the offsetting effect of social security contributions on household retirement saving depends on how … closely the social security programme imitates a private retirement saving plan (i.e. the ?actuarial? component of the social … security programme) – the closer the design of the programme to a private retirement saving plan, the higher the offset. I …
Persistent link: https://www.econbiz.de/10010261332
Cover Image
Determinants of Japanese Household Saving Behavior in the Low-Interest Rate Environment
Latsos, Sophia; Schnabl, Gunther - 2021
This paper scrutinizes the role of prolonged, expansionary monetary policy on the savings behavior of Japanese households, focusing on the dramatic change of the household savings rate since 1998, from high to low savings. The literature generally attributes this change to the country’s shift...
Persistent link: https://www.econbiz.de/10012581990
Cover Image
Wealth Taxation and Charitable Giving
Ring, Marius A. K.; Thoresen, Thor Olav - 2022
We provide novel evidence on the linkages between capital taxation and charitable giving on three fronts. First, we use quasi-experimental variation in the annual Norwegian wealth tax to study the effect on how much households give. Inconsistent with the notion that households give more in order...
Persistent link: https://www.econbiz.de/10013266665
Cover Image
More Giving or More Givers? The Effects of Tax Incentives on Charitable Donations in the UK
Almunia, Miguel; Guceri, Irem; Lockwood, Ben; Scharf, … - 2019
This paper estimates the effects of tax incentives on charitable contributions in the UK, using the universe of self-assessment income tax returns between 2005 and 2013. We exploit variation from a large reform in 2010 to estimate intensive and extensive-margin tax-price elasticities of giving....
Persistent link: https://www.econbiz.de/10012141021
Cover Image
The dynamics of households' stock market beliefs
von Gaudecker, Hans-Martin; Wogrolly, Axel - 2019
We analyse a long panel of households’ stock market beliefs to gain insights into the nature of their expectations formation processes. We classify respondents into one of five groups based on their data and estimate group-wise models of expectations formation. Two of the groups are at...
Persistent link: https://www.econbiz.de/10012018293
Cover Image
Distrust or Speculation? The Socioeconomic Drivers of U.S. Cryptocurrency Investments
Auer, Raphael A.; Tercero-Lucas, David - 2021
Employing representative data from the U.S. Survey of Consumer Payment Choice, we disprove the hypothesis that cryptocurrency investors are motivated by distrust in fiat currencies or regulated finance. Compared with the general population, investors show no differences in their level of...
Persistent link: https://www.econbiz.de/10012657993
Cover Image
The Long-Run Effects of Individual Debt Relief
Bruze, Gustaf; Hilsløv, Alexander Kjær; Maibom, Jonas - 2024
Individuals with extensive debt may be granted debt relief in court. We provide a comprehensive evaluation of the Danish debt relief program with data from court records linked to nationwide register data. Using event-study methods and quasi-random assignment of applicants to court trustees with...
Persistent link: https://www.econbiz.de/10015047298
Cover Image
Attitudes towards Euro Area Reforms: Evidence from a Randomized Survey Experiment
Dolls, Mathias; Wehrhöfer, Nils - 2018
We present the first evidence on public attitudes towards two prominent euro area reform proposals (European Unemployment Benefit Scheme and Sovereign Insolvency Procedure) and assess potential impediments to their implementation by means of a randomized survey experiment in Germany. We find...
Persistent link: https://www.econbiz.de/10011887401