.js?config=AM_HTMLorMML-full"></script>We study a flexible dynamic savings game in continuous time, where decision makers rotate in and out of power. These agents …

This paper estimates the impact of income on the long-term care utilization of elderly Americans using a natural … positive permanent income shock lowers nursing home use but increases the utilization of paid home care services. We find some … estimates suggests that moderate reductions in post-retirement income would significantly alter long-term utilization patterns …

information about their savings is regularly shared with another member of their village (a “monitor”). We focus on whether the … frequently.In 30 villages, we randomly assign monitors to a subset of savers. An average monitor increases total savings by 35 …%. Increasing the monitor's network centrality by one standard deviation increases savings by 14%, and increasing proximity from …

We test the effectiveness of self-help peer groups as a commitment device for precautionary savings, through two … powerful tool to increase savings (the number of deposits grows 3.5-fold and the average savings balance almost doubles …

significantly more income and assets 2.5 years after the interest rates expired. These changes are much larger than the short … directed to joint bank accounts had no detectable long-run impacts on entrepreneurship or income, but increased investment in …

test — using the same respondent population — how demand for explicit commitment features differs between loan and savings … contracts. We find substantial demand for both credit and savings contracts but no demand for additional commitment features … savings is insensitive to explicit commitment features. Individuals offered loans actively dislike commitment and flexibility …

predominantly low- and middle-income neighborhoods in St. Louis, were randomly offered a 20 percent match on IRA contributions, a 50 … significantly raise IRA participation and contributions. Take-up rates were 3 percent for the control group, 8 percent in the 20 … together, our results suggest that the combination of a clear and understandable match for saving, easily accessible savings …

Department of Defense, we study whether such complexity depresses participation in an employer-sponsored retirement saving plan …-participants might contribute, increases participation in the plan. Similar communications that did not include a highlighted rate yield …