study how cash in hand influences decisions in a different but very important domain: savings. Savings accounts are a … promising tool for reducing poverty, but the use of savings accounts is often puzzlingly low. Holding on to cash that needs to … be physically deposited into a savings account may increase the psychological costs of saving. This study experimentally …

savings held with the institution. …

intentionally simple lab experiment on intertemporal spending and saving decisions with 180 students. Under a positive discount … Vermögenspräferenzen sparen Haushalte mehr als in einem Standardmodell "optimal" wäre. Allerdings gibt es bisher wenig empirische Evidenz … über solche Vermögenspräferenzen. Wir führen ein möglichst einfach gehaltenes Labor-Experiment zu intertemporalen Ausgabe …

Are people willing to sacrifice resources to save one's and others' face? In a laboratory experiment, we study whether …

intertemporal substitution. To study this, we set up a two-period model with wage uncertainty. This extends the standard savings …) savings are strictly positive for at least 85 percent of subjects (iii) a majority of subjects uses time allocation to smooth …

) savings are strictly positive for at least 85 percent of subjects (iii) a majority of subjects uses time allocation to smooth …

, 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 …