We analyse life-cycle saving decisions when households use simple heuristics, or rules of thumb, rather than solve the … underlying intertemporal optimization problem. We simulate life-cycle saving decisions using three simple rules and compute … following simple decision rules are relatively low. Moreover, the two main saving motives re ected by the canonical life …

attractiveness of saving in different forms for people in different circumstances. Recent years have seen several major reforms to … the tax treatment of different forms of saving, and further changes are currently under consideration. It is therefore …

be flexibly estimated across age groups. We find that the Scottish policy reduced the average household saving by about … household saving by £12,764. …

This study explored the psychological mechanisms that underlie the retirement planning and saving tendencies of Dutch … considering pension reforms that stress individual responsibility for planning and saving. …