rates and expense ratios, and we estimate this could lead to aggregate savings for these participants over a 20-year period …

more, generating realistic dynamics. In the consumption-savings model, the consumer decides to pay little or no attention …

Faced with income fluctuations, countries smooth their consumption by raising savings when income is high, and vice … versa. How much of these savings do countries invest at home and abroad? In other words, what are the effects of … fluctuations in savings on domestic investment and the current account? In the long run, we find that countries invest the marginal …

We randomly assigned beneficiaries of a conditional cash transfer program in Peru to attend a 3 hour training session … banks, but had no effect on financial literacy; (b) significantly increased savings over a ten month period, and (c) had no … effect of the use of accounts for transactions. The increase in savings is a 1.6 percentage point increase in the savings …