, experimentally elicited loss aversion and precautionary savings. We do so using a sample of 640 individuals from the low-income … theoretical predictions, we find that an increase in income risk is associated with higher savings for loss-averse individuals … uncertainty about future income triggers saving because of loss aversion. We extend their theoretical analysis to also consider …

empirically study the relation between income risk, experimentally elicited loss aversion, and precautionary savings. We do so …This paper empirically examines the behavioral precautionary saving hypothesis that uncertainty about future income … using a sample of 640 individuals from the low-income population of Bogotá, characterized by limited financial education and …

or income shocks by design and yet uncovers a similar trade-off in a world where agents are uncertain but hold beliefs …

or income shocks by design and yet uncovers a similar trade-off in a world where agents are uncertain but hold beliefs …

savings, consumption, and bequests? Answering this question requires separating precautionary savings, bequest motives, and … the desire to remain in one's home. I develop and estimate a structural model of retirement savings decisions with …

We use unique data characterizing individual savings for twins and non-twins in urban China to examine why the savings … inter-generational co-residence masks the true life-cycle patterns of individual savings in standard Chinese household data … sets, which are aggregated at the household level. Moreover, we show that to understand life-cycle savings behavior it is …

We use unique data characterizing individual savings for twins and non-twins in urban China to examine why the savings … inter-generational co-residence masks the true life-cycle patterns of individual savings in standard Chinese household data … sets, which are aggregated at the household level. Moreover, we show that to understand life-cycle savings behavior it is …

savings, consumption, and bequests? Answering this question requires separating precautionary savings, bequest motives, and … the desire to remain in one's home. I develop and estimate a structural model of retirement savings decisions with …