This paper develops and estimates a dynamic model of individuals' and couples' labor supply, savings, and retirement …

and unique evidence on which households have savings and how they save. The paper shows that the percentage of savers is … low, and savings are frequently informal. Formal savings are dominated by bank savings, and participation in contractual … and capital market savings is very low in comparison to high-income countries. Poor households are significantly less …

behavior. This treatment is interacted with the option of opening a savings account at the screening of the movie. At the exit … of the screening, individuals in the financial education movie treatment are more likely to open a savings account than … individuals in the placebo movie treatment. However, the effects dissipate quickly. When savings and borrowing behavior is …