This paper scrutinizes the role of prolonged, expansionary monetary policy on the savings behavior of Japanese … households, focusing on the dramatic change of the household savings rate since 1998, from high to low savings. The literature … monetary policy had a significant impact on Japan’s household behavior via the interest rate channel and the redistribution …

We find that inflation did not unanimously decrease savings in the US during the postwar period. This result is …

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

for the future (global savings glut). Low growth is linked to slowing population growth and a declining marginal … permanently. Furthermore, we find no empirical evidence for the global savings glut and secular stagnation hypotheses. Instead …