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This research examines the effects of earmarking money on savings by low-income consumers. In particular, the authors … test two interventions that are designed to enhance the effects of earmarking: a) using a visual reminder of the savings …. In addition, the presence of the visual reminder increases the savings rate. The authors conclude with implications for …
Persistent link: https://www.econbiz.de/10013134845
A large body of microeconomic evidence supports Friedman (1957)'s proposition that household income can be reasonably well described as having both transitory and permanent components. We show how to modify the widely-used macroeconomic model of Krusell and Smith (1998) to accommodate such a...
Persistent link: https://www.econbiz.de/10013034318
The entry of Big Tech firms in the financial ecosystem might affect financial stability through the opportunities and challenges they create for financial inclusion. In this paper we survey the literature to determine the effectiveness of financial education in improving financial literacy and...
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The global spread of COVID-19 is one of the largest threats to people and governments since the Second World War. The on-going pandemic and its countermeasures have led to varying physical, psychological, and emotional experiences, shaping not just public health and the economy but also...
Persistent link: https://www.econbiz.de/10012239442
Households’ welfare in developing countries has been hit by dramatic food prices increases which occurred between 2005 and 2008. In this paper, we adopt a partial equilibrium approach to analyze the short-time effects of a staple food price increase on nutritional attainments, as a measure of...
Persistent link: https://www.econbiz.de/10014197152
Assurance schemes (certifications and labels) are widespread in the agri-food sector. This paper reviews the landscape of existing schemes, and the evidence on whether labels change consumer behaviour, and whether assurance schemes achieve positive change on the farm. The impact of existing...
Persistent link: https://www.econbiz.de/10014435966
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