To incentivize households to increase private savings, the Indian government implemented in July 2014 a new tax … the income tax exemption limit on long-term savings, private saving increases by $0.23 for the treatment group. Relative … to annual income, private savings for the treatment group increase by about 1.87% on average …

the potential roles of digital savings and access to digital credit in serving as transmission channels in the link … but not the elderly. Digital savings and access to digital credit serve as important channels through which FinTech …

saving behaviour is captured by the amount of household savings and the role of planning for overseas education is … relationship between parents planning to send their children to study abroad and household savings, household financial assets …, household non-savings financial assets and household net wealth have been found in this paper. The results also suggest that the …

This study considers the efficacy of a tax incentivised savings scheme in context of decision making rigidities …. Analysis is based on a classical life-cycle model of savings and investment decisions, augmented with a salience cost over … participation in Individual Savings Accounts (ISAs) currently run in the UK. Calibration results indicate that salience costs help …

Many households have insufficient savings to handle moderate and routine consumption shocks. Many of these financially …-Linked Savings (PLS) accounts, that combine principal-security with lottery-type jackpots, can increase savings among these at …-risk households. Results from an online experiment show that the introduction of PLS accounts increase total savings and reduce …