asymmetries of savings out of factor incomes. This generalized model helps to shed new light on a recent debate concerning the … the particular savings hypothesis. However, if savings out of capital income are substantial so that a certain threshold …

impatience are found to be significant predictors of health-related field behavior, saving decisions and conduct at school. In …

the global saving glut, and it has not been associated with an increase in investment. Instead, the saving glut of the …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 …

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 … efficiency of investment as well as to declining fixed capital investment due to digitalization (secular stagnation). In contrast … stimulate growth. This paralyzed investment and growth in the long term. We show that the ability of banks to extend credit ex …

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