of in cash can play a major role in encouraging savings. When paid on the account, the money is saved by default, while … - as long as payments are done in cash - the money is ready to be spent. We test our hypothesis in rural India, with … empathy towards the banker. Second, we provide evidence against the treated having developed an active savings habit on the …

, spend more on welfare enhancing goods such as education and nutrition, but are less likely to have savings left at the end …

's preferences. Thus, households heighten self-insurance by increasing precautionary savings for smoothing consumption and, in turn …, this higher level of savings tends to reduce wealth inequality. Also, regardless of income, women's preferences increase …

-collected data of 650 individuals from the matrilineal state of Meghalaya, India, and exploring household's distance to the … enhancing goods, such as food, but are less likely to have savings left at the end of the month. Our paper contributes to the …