We test the effectiveness of self-help peer groups as a commitment device for precautionary savings, through two … randomized field experiments among 2,687 microentrepreneurs in Chile. The first experiment finds that self-help peer groups are a … powerful tool to increase savings (the number of deposits grows 3.5-fold and the average savings balance almost doubles …

Can patent protection and product market competition complement each other in enhancing incentives to innovate? In this … positively to the product market reform in industries of countries where patent rights are strong, not where these are weak. The … positive response to the reform is more pronounced in industries in which innovators rely more on patenting than in other …

Including a matching contribution increases savings plan participation and contributions, although the impact is less … on savings plan contributions. In contrast, the match threshold has a substantial impact, probably because it serves as a … natural reference point when individuals are deciding how much to save and may be viewed as advice from the savings program …

recently introduced "Riester pensions" depends on the state-provided saving incentives and how well the targeting to families … changes, Riester pension plans took off very quickly. While saving incentives were effective in reaching parents, they were … than occupational pensions and unsubsidized private pension plans. Riester pension savings totaled €9.4bn in 2010 with an …

incentives for IRA contributions at the time of tax preparation. About 14,000 Hamp;R Block clients, across 60 offices in … together, our results suggest that the combination of a clear and understandable match for saving, easily accessible savings …

This paper examines the characteristics of and interactions among measures to effect saving and investment incentives … ("S-I incentives")in the context of an income tax system that is inadequately indexed for inflation. Examples are … incentives are classified into "consumption tax" and "direct grant" types, and it is shown that these differ in their influence …

For over three centuries and throughout the globe, people have enthusiastically bought savings products that … Linked Savings (PLS) accounts distribute periodic sizeable payments to some investors using a lottery-like drawing where an …