remarkably little evidence that bears on how and how well the financial sector mobilized household savings in the nineteenth and …Although the mobilization of savings is an important function of banks and other financial institutions, there is … behaviors followed the predictions of the life-cycle hypothesis. Hand-coded data from an Upstate New York savings bank matched …

offset by negative savings. Relative indebtedness continued to fall for the middle class from 2010 to 2016, and wealth …

mean wealth over the 1983-1989, 1989-2001, 2001-2007, 2007-2010, and 2010-2013 periods, and implicit savings were negative … savings rates between the top one percent and the middle three wealth quintiles. Over 1983-1989, the higher savings rate of … the top group explained all the increase. Over 1989-2001, 2001-2007, and 2010-2013, their higher savings rate led to an …

We employ a model of precautionary saving to study why household saving rates are so high in China and so low in the US …

We investigate how information processing frictions contribute to household suboptimal saving and investment behavior …. We find that 60% of open accounts in college 529 savings plans are invested suboptimally due to high expenses and tax … with household financial literacy and increases with plan document disclosure complexity. Overall, our results suggest that …

We study a retirement savings plan with a default contribution rate of 12% of income, which is much higher than …