information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information …

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 …

We quantify the commute time savings associated with work from home, drawing on data for 27 countries. The average … daily time savings when working from home is 72 minutes in our sample. We estimate that work from home saved about two hours …. Workers allocate 40 percent of their time savings to their jobs and about 11 percent to caregiving activities. People living …

We document five effects of providing individuals with crowdsourced spending information about their peers (individuals … with similar characteristics) through a FinTech app. First, users who spend more than their peers reduce their spending … significantly, whereas users who spend less keep constant or increase their spending. Second, users' distance from their peers …

may borrow far less and start saving for retirement significantly earlier than exponential discounters. …

full efficiency. The effect of the inability to commit across time on the savings level is examined under a tractable …

inattention. Moreover, biased subjects are less patient, less debt averse, more likely to increase spending out of unexpected …