Using financial innovation to support savers: from coercion to excitement

The simplest ideas for helping Americans save may be the most powerful. One process innovation would allow workers once again to purchase U.S. Savings Bonds on their tax returns. An example of a product innovation is a savings account tied to winning a prize.

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Year of publication:	2009
Authors:	Tufano, Peter ; Schneider, Daniel
Published in:	Communities and Banking. - Federal Reserve Bank of Boston. - 2009, Spr, p. 6-8
Publisher:	Federal Reserve Bank of Boston
Subject:	Savings accounts \| Savings bonds

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

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