Many have argued that digital technologies such as smartphones and social media are addictive. We develop an economic model of digital addiction and estimate it using a randomized experiment. Temporary incentives to reduce social media use have persistent effects, suggesting social media are...

We use household-level data from the Household Budgetary Survey to study the saving patterns of Maltese households. We first establish a set of key observations from the data, showing that the likelihood of saving rises with income, age and education. We then estimate a Logit model of the...

Retired households, especially those with high lifetime income, decumulate their wealth very slowly, and many die leaving large estates. The three leading explanations for the ‘retirement savings puzzle' are the desire to insure against uncertain lifespans and medical expenses, the desire to...