of disposable income. We use household-level data to explain why households are postponing consumption despite rapid … income growth. Tracing cohorts over time indicates a virtual absence of consumption smoothing over the life cycle. Saving … rates have increased across all demographic groups although the age profile of savings has an unusual pattern in recent …

We propose a novel structural method to empirically identify economies of scale in household consumption. We assume … collective households with consumption technologies that define the public and private nature of expenditures through Barten … scales. Our method recovers the technology by solely exploiting preference information revealed by households' consumption …

Much of the existing literature on the use of informal credit arrangements such as ROSCAs (Rotating and Credit Saving … Associations) theorises the use of such institutions as arising from market failures in the development of formal saving and credit …

. In 2008, China's national savings rate soared to over 53 percent of its GDP, whereas its current account surplus exceeded … distortions. I document major trends in aggregate savings, investment, trade, and net foreign asset positions in China, and …

This paper analyzes the causes of rising savings rates for the corporate, government, and household sectors, which have … jointly contributed to the upsurge in aggregate savings in China in the past two decades. Government policies to rebalance the …

increase savings, they are unavailable to the millions of people worldwide who not have a formal wage bill. Self-help peer … first experiment finds that self-help peer groups are very potent at increasing savings. In contrast, a more classical … tool to encourage savings …

that granted access to a savings account to a random subset of households in 19 Nepalese villages. Exploiting a unique …

-Economic Panel that we combine with geographic flood data, we compare the savings behavior of affected and non-affected individuals …

We explore whether a protective role for savings against future financial hardship exists using household level panel …