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supplementary receipt of the private device significantly increased the wife's savings in couples with a low level of spousal trust … more effective hiding of the wife's savings amounts, facilitated through the private saving device. From a policy …
Persistent link: https://www.econbiz.de/10012498329
determine retirement savings and tax payments. Flat income and tax-rate profiles facilitate the analysis of behavioral factors … like present-period tax avoidance, while optimal consumption and after-tax savings are identical for both treatments. Our … results show that observed savings are suboptimal in both treatments and are influenced by gender, patience, and risk aversion …
Persistent link: https://www.econbiz.de/10014438824
Financial literacy and economic preferences are considered to be important drivers of health, income, and general well-being. In this paper we bridge the gap between studies on financial literacy and research on economic preferences by how they interplay with each other and the field behavior of...
Persistent link: https://www.econbiz.de/10012203420
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kin and neighbors. Whether income secrecy facilitates savings depends on the type of norm individuals uphold: stricter …
Persistent link: https://www.econbiz.de/10012131669
In this paper we investigate behavioral constraints to savings among smallholder farmers in rural Ethiopia. Increasing … savings by overcoming such behavioral constraints has been documented to have positive effects on various outcomes such as … health, education, and agricultural investments. We causally identify a strong increase in savings to a soft commitment …
Persistent link: https://www.econbiz.de/10012126111
We design an experiment to investigate the influence of announced future variations in interest rates and prices on consumption decisions. In an experimental implementation of the discounted utility model, the subjects learn the entire paths of inflation and interest rates prior to deciding on a...
Persistent link: https://www.econbiz.de/10008935224
More efficient and sustainable energy consumption behaviors are crucial to mitigate the adverse effects of climate change. This paper examines how dynamic personal pricing and externality cost incentives interact and affect energy conservation behaviors. We conduct an online lab experiment in...
Persistent link: https://www.econbiz.de/10014443620
life-cycle consumption and savings. According to numerous studies on subjective survival beliefs, young people also …
Persistent link: https://www.econbiz.de/10011629177