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 … link to a personal web page where they can start or adjust an automatic savings plan. However, analyzing detailed bank data …

eighteen years, in an incentivized experiment and relate experimental choices to field behavior. Experimental measures of … impatience are found to be significant predictors of health-related field behavior, saving decisions and conduct at school. In …

Rising income inequality since the 1980s in the United States has generated a substantial increase in saving by the top … of the income distribution, which we call the saving glut of the rich. The saving glut of the rich has been as large as … the global saving glut, and it has not been associated with an increase in investment. Instead, the saving glut of the …

capital income risk, we solve for the optimal consumption-saving choices and show that the expected welfare is increasing with …

We study optimal savings in continuous time with exogenous transitions between employment and unemployment as the only …

be physically deposited into a savings account may increase the psychological costs of saving. This study experimentally … study how cash in hand influences decisions in a different but very important domain: savings. Savings accounts are a … promising tool for reducing poverty, but the use of savings accounts is often puzzlingly low. Holding on to cash that needs to …

Incomplete markets models imply heterogeneous household savings behaviour which in turn generates pecuniary … in the population, these savings externalities may contribute to inequality. Working with an open economy heterogenous … earnings processes of British households with university and non-university educated heads entail savings externalities that …

for the future (global savings glut). Low growth is linked to slowing population growth and a declining marginal … permanently. Furthermore, we find no empirical evidence for the global savings glut and secular stagnation hypotheses. Instead …

Daylight Saving Time (DST) is currently implemented by more than seventy countries, yet we do not have a clear …