savings and insurance valuation. The estimated marginal utility differences imply a significant increase in the incentives to …Marginal utility of financial resources when needing long-term care, and the related incentives for precautionary … savings and insurance, may vary significantly by whether one receives care at home or in a nursing home. In this paper, we …

higher marriage rates and higher divorce rates will be associated with higher savings rates in the presence of economies of … marriage and with lower savings rates in the presence of diseconomies of marriage. In the context of traditional gender roles … traditional gender roles and marital status to understanding cross-country variation in gender differentials in savings behavior …

, capital controls, and other government distortions of international transactions, may reduce private savings rates. A two … that there is a significant and robust relationship between economic liberalization and lower rates of savings. One … implication is that at least part of the decline in savings rates in some countries over the past two decades may be explained by …

Recent theoretical work shows that precautionary savings increase in response to an increase in first-order risk. In … welfare effect of future income uncertainty. We build a model of remittances and savings under income uncertainty and show …

below-ground wealth, complemented by additional precautionary savings at initial times to build up a small liquidity fund to …