explanatory channel. The increased savings in personal retirement plans is entirely driven by those who made consistent …How does the provision of public pension benefits impact private savings? We answer this question in the context of a …, inconsistent with the notion that future differences in pension eligibility impact savings. Second, we show large savings responses …

-owning households. In mid-2020, 37 percent of US households owned individual retirement accounts (IRAs), most commonly traditional IRAs …. More than eight in 10 IRA-owning households also had employer-sponsored retirement plan accumulations or had defined … benefit plan coverage. All told, more than six in 10 US households had retirement plans through work or IRAs; more than three …

In a nationally-representative sample, we predict retirement savings using survey-based elicitations of exponential … present over the future, are highly significant and economically meaningful predictors of retirement savings. These … calculations suggest that eliminating EGB and PB would increase retirement savings by approximately 12 percent. …

savings behavior and financial inclusion, and these results hold even when correcting for possible endogeneity of financial … literacy, except for financial literacy in the case of formal savings products in Viet Nam. …

education levels are related positively and significantly to savings behavior and financial inclusion. …