simple precautionary savings analysis to more complex economic interactions and it builds the economic intuition for policy …

, experimentally elicited loss aversion and precautionary savings. We do so using a sample of 640 individuals from the low … theoretical predictions, we find that an increase in income risk is associated with higher savings for loss-averse individuals …, and that this increase in savings grows with the degree of loss aversion. Thus, as suggested by Koszegi and Rabin (2009 …

empirically study the relation between income risk, experimentally elicited loss aversion, and precautionary savings. We do so … associated with higher savings for loss-averse individuals, and that this increase in savings grows with the degree of loss … aversion. An accompanying laboratory experiment confirms that an exogenous increase in income risk causally leads to this …

I investigate the effects of the financial uncertainty faced by the poor in India on worker productivity and savings …-induction treatments are devised to assess the impact of both individually and concurrently. In Experiment 1, 253 blue-collar workers … create a productivity output in a lab-in-the-field experiment. They are randomized into one of the treatments or into control …