A large fraction of households have very little savings buffer and are therefore vulnerable to financial shocks. This … paper examines whether a social norm nudge can induce such households to save more. We ran a large-scale field experiment at … link to a personal web page where they can start or adjust an automatic savings plan. However, analyzing detailed bank data …

We find that inflation did not unanimously decrease savings in the US during the postwar period. This result is …

We consider a simple, two period, consumption-savings model with future income uncertainty that examines the interplay … of savings, precautionary savings, loss aversion, and risk. We provide the relevant theory, followed by empirical tests … present bias. We predict, and show empirically, that loss aversion reduces savings, and that those who are more loss averse …

for the future (global savings glut). Low growth is linked to slowing population growth and a declining marginal … permanently. Furthermore, we find no empirical evidence for the global savings glut and secular stagnation hypotheses. Instead …

We study optimal savings in continuous time with exogenous transitions between employment and unemployment as the only …

Incomplete markets models imply heterogeneous household savings behaviour which in turn generates pecuniary … in the population, these savings externalities may contribute to inequality. Working with an open economy heterogenous … earnings processes of British households with university and non-university educated heads entail savings externalities that …