This paper studies the design of an optimal non linear inheritance taxation when individuals differ in wage as well as …

implications for savings and longterm care policies. We first develop a theoretical model predicting that higher nursing home … aversion should induce higher savings and stronger support for policies subsidizing home care. We further document, based on a … likely to have higher intended savings for older age because of the pandemic. We also find that they are more likely to …

voluntary federal government employee retirement savings vehicle called the Thrift Savings Plan. The G-Fund is managed as …

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

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