The benefits of implementing Unemployment Insurance Savings Accounts (UISAs) are studied in the presence of the … calibrated to Mexico in the early 2000s. The unconstrained optimal allocation would imply very large welfare gains relative to …

Transaction costs impose a barrier to savings, but lowering them may have smaller impacts than expected due to other … constraints, such as psychological biases. Within the context of retirement savings under defined contributions in the privatized … pension system in Mexico, we analyze two staggered policies: an expansion of access channels for additional contributions …

Increasing the rate of saving is an important priority for many emerging market countries. This paper focuses on Mexico … and discusses a variety of policies through which the government of Mexico could stimulate a higher rate of saving. These …