to have low savings relative to investment, which depresses their capital outflows. This paper puts life-cycle theory to … these two regions. Youth rates depressed domestic savings significantly in both the MENA and GISP regions, while ageing as … well as population growth had a positive impact in the GISP region. Also, domestic savings significantly caused …

Many households have insufficient savings to handle moderate and routine consumption shocks. Many of these financially …-Linked Savings (PLS) accounts, that combine principal-security with lottery-type jackpots, can increase savings among these at …-risk households. Results from an online experiment show that the introduction of PLS accounts increase total savings and reduce …

-cycle framework how individuals respond to recessions. Our focus is on the sharp increase in savings rates that have been observed in … times. We show that the rise in the aggregate savings ratio is driven by increases in uncertainty, rather than tighening of …

I develop a general equilibrium model in which the quality of household financial decisions is endogenously determined … more skewed equilibrium wealth distribution. In this context, social security privatization affects household search effort … reduction is somewhat magnified by the search friction. While some have suggested that household decision making could be …