When entering retirement most people face the decision whether they would like their defined contribution account …

Private pension provision faces the challenging task of providing stable income streams during retirement. The … illiquid capital, complementing public retirement provision, reducing the interest-rate sensitivity of pensions and smoothing …

borrowing and savings at unfavorable interest rates as well as the failure to undertake profitable and easily available …

offered financial education. Both programs included a voluntary after-school savings club that provided students with a locked … money box. After nine months, both programs had significant impacts on savings behavior relative to the control group …, mostly because children moved savings from home to school. We observed few other impacts. We do find that financial education …

Evidence on the effectiveness of financial education and formal savings account access is lacking, particularly for … shows the education plus account treatment increases bank savings relative to account-only. But survey-measured total … savings shows roughly equal increases across all treatment arms. Earned income also increases in all treatment arms. We find …

women. Here, using a randomized controlled trial, we examine whether access to an individually-held commitment savings …

expenditure. We find support for these predictions in three field experiments that randomly assign reminders to new savings …