This paper examines aggregate savings in a general equilibrium model where infinitely lived households face volatile … when income is constant. This additional capital accumulation has sometimes been interpreted as precautionary savings, but … I demonstrate that it is mostly generated by permanent-income motives. -- equilibrium interest rate ; aggregate savings …

higher marriage rates and higher divorce rates will be associated with higher savings rates in the presence of economies of … marriage and with lower savings rates in the presence of diseconomies of marriage. In the context of traditional gender roles … traditional gender roles and marital status to understanding cross-country variation in gender differentials in savings behavior …

expenditure. We find support for these predictions in three field experiments that randomly assign reminders to new savings …

Precautionary savings occurs in response to uncertainty regarding future income. The precautionary motive to delay …

. In addition, the optimal contract incorporates a precautionary savings motive over and above what agents would otherwise … save. When default is sufficiently high, credit markets may collapse. A regulatory requirement on the level of savings can … verifiability condition on the level of savings, an appropriate market structure, agents voluntarily increase their level of storage …

savings is influenced by fluctuations in the volatilities of disturbances that hit the economy. It uses a simple New Keynesian …-forming preferences raise risk aversion, increasing the importance of the precautionary savings channel through which volatility …

We study the effect on savings of an increase in the capital risk of the investment opportunities when the … individuals with high risk-aversion and time-separable, power utility increase their optimal savings when capital risk increases …