that Americans are saving too much for retirement. This paper attempts to reconcile these contrasting views using a simple …

This paper examines the extent to which permanent terms-of-trade shocks have an asymmetric effect on private savings … in bad states of nature, savings rates will respond asymmetrically to favorable movements in the permanent component of … standard determinants of private savings. The results, based on panel data for non-oil commodity exporters of sub …

who save but do not participate in the stock market will increase their consumption, thereby reducing saving and capital …

This paper investigates whether peer effects play an important role in retirement savings decisions. We use individual …

distribution when they change jobs choose to keep their accumulated 401(k) assets in the retirement saving system. These households … either leave their assets in their previous employer's 401(k) plan, or they roll the assets over to another retirement saving …

In this survey, I summarize and evaluate the extant literature concerning taxation and personal saving. I describe the … theoretical models that economists have used to depict saving decisions, and I explore the positive and normative implications of … of saving. The central normative question is whether and to what extent it is desirable to tax the economic returns to …

past several decades. It suggests that the decline in interest rates is largely explicable from trends in saving, growth …

inexplicable in more barren models. We suggest an explanation of why saving and investment may be correlated even with no … restrictions on trade in assets. We explain why a high saving country may nonetheless borrow from abroad to finance investment. We …

The precautionary motive for saving is an important issue that is receiving increasing attention. Part of the … motivation for this interest stems from the post war coincidence of two trends, one a decline in the U.S. rate of saving and the …, and health insurance. This paper examines precautionary saving for uncertain health care payments using a simple two …