We study the opportunistic political budget cycle in the London Metropolitan Boroughs between 1902 and 1937 under two … cycle manifests itself in election year tax cuts and savings on administration costs. Universal suffrage, where all adult …

investigate whether the appointment of well-connected directors enhanced equity value for bank shareholders. Our analysis of panel … data shows that the appointment of connected directors did not increase the rate of return on bank equity. In fact, we find … that the appointment of MPs to directorships had negative effects on bank equity returns. Our event-study analysis …

of long-term care subsidies on savings is far from clear. In this paper we take advantage of a policy intervention to … study the effect on savings and savings behaviour of the progressive introduction of a public long-term care subsidy … Spanish old-age dependants to obtain care support, and was orthogonal to household savings. We draw on a difference …

reason is that prices for the two most important long-term savings objectives - housing and healthcare - are rising …-term savings objectives and see purchasing power decline, or they compromise financial security and invest in highly volatile …

implications for savings and long-term care policies. We first develop a theoretical model predicting that higher nursing home … aversion should induce higher savings and stronger support for policies subsidizing home care. We further document, based on a … likely to have higher intended savings for older age because of the pandemic. We also find that they are more likely to …

crisis. The paper recommends obligatory priv ate savings at a variable rate where the time path of the savings rate is chosen …

were interviewed to assess their knowledge about pensions and financial issues and about their own savings and personal …

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 … be physically deposited into a savings account may increase the psychological costs of saving. This study experimentally …

How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide … evidence that this is not due to a crowding-out of other forms of savings. We also show that labor earnings, i.e. the most …