Long-term savings and investments (LTSI) by individuals enhances their financial security while also supporting growth and financial development. Evidence shows that financial knowledge and skills are positively related to LTSI behaviour, and indicates a strong correlation between levels of...

We study the impact of changing the existing terminology used to describe the rules governing Social Security retirement benefits. We provided respondents from a nationally-representative online panel with information pertinent to the decision of when to claim Social Security retirement...

When resources are scarce and social safety nets are weak, households' ability to manage income and assets wisely may be an important determinant of economic security. However, many open questions remain about how households in low and middle-income countries gain and exercise financial...