Domestic private saving rates have been on a declining trend in many Emerging Markets (EMs), raising questions about countries' ability to generate sufficient domestic resources to finance investment. This paper examines how countries have managed to achieve protracted increases in the private...

The paper reexamines the main private savings determinants in Sub-Saharan Africa (SSA), followed by an analysis of the COVID-19 pandemic impact on private savings in SSA and other country groupings. Using an unbalanced panel data from 1983−2021 for 31 SSA economies, the paper finds that real...

Medium- and long-run dynamics undermine the effect of automatic enrollment and default savings-rate auto-escalation on retirement savings. Our analysis of nine 401(k) plans incorporates the facts that employees frequently leave firms (often before matching contributions from their employer have...

This paper explores sources of complexity in dynamic optimization, examining how individuals navigate variation in incomes, prices, and returns in ten-period consumption-saving decisions. Our findings reveal that dynamic optimization poses significant challenges, resulting in suboptimal choices...

Ein Wirtschaftsberater und ein Wirtschaftsjournalist erklären die Finanzkrise, erläutern und bewerten die Risiken, die für den Einzelnen bestehen und geben praktische Hinweise für eine Sicherung der persönlichen Finanzplanung

Beschleunigte wirtschaftliche und technische Veränderungen, Alterung und Schrumpfung der Bevölkerung, wachsende soziale Differenzierung und Pluralisieung der Lebensstile - dies sind nur einige Faktoren, die langfristig das Spar- und Konsumverhalten der privaten Haushalte beeinflussen und damit...