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Financial repression resurfaced in the wake of the global financial crisis and might become a common feature in the post Covid-19 world. To advance knowledge and inform policy advice, this paper presents a new database on interest rate controls, a popular form of financial repression, based on a...
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drought shocks. It analyzes mechanisms through which cash transfers contribute to resilience, such as savings facilitation … increase savings. They also help households protect earnings in agriculture and off-farm businesses when shocks occur. Few … poor households can foster resilience by facilitating savings and income smoothing …
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This paper develops and estimates a dynamic model of individuals' and couples' labor supply, savings, and retirement …
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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 …
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Debt vulnerabilities in low-income countries have increased substantially in recent years. Since 2013, median government debt has risen by about 20 percentage points of gross domestic product and increasingly comes from non-concessional and private sources. As a result, in most low-income...
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