wealth households. Only models of consumption which include precautionary savings motives can explain why poorer households … both reduce their consumption and increase their savings in response to an exogenous decline in income. …This paper examines the extent to which consumption in Russian households responds to exogenous income shocks. During …

: vulnerability to poverty, investment, and consumption smoothing. Even though we cannot find a significant effect on vulnerability … consumption. The extent of both effects is also economically significant. Our results hold for alternative specifications and …

Commitment devices for savings could benefit those with self-control as well as familial or spousal control issues. We … find evidence to support both motivations. We examine the impact of a commitment savings product in the Philippines on … household decision making power and selfperception of savings behavior, as well as actual savings. The product leads to more …

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

important welfare consequences: variable consumption, low resilience to shocks, and foregone profitable investments. We lay out … five sets of constraints that may hinder the adoption and effective usage of savings products and services by the poor …

welfare consequences: variable consumption, low resilience to shocks, and foregone profitable investments. We lay out five … sets of constraints that may hinder the adoption and effective usage of savings products and services by the poor …

This paper estimates a household saving rate equation for India and the Republic of Korea using longterm time series … to females) has a significant impact on the household saving rate in both India and the Republic of Korea, even after … controlling for the usual suspects such as the aged and youth dependency ratios and income. It has a negative impact in India …

This paper estimates a household saving rate equation for India and Korea using long-term time series data for the 1975 … impact on the household saving rate in both India and Korea, even after controlling for the usual suspects such as the aged … and youth dependency ratios and income. It has a negative impact in India, where the bride's side has to pay substantial …

adults missing from credit bureau data act as a drag on state-level consumption growth. This finding seems to be driven by …There are more young adults today with either no credit history or insufficient credit history to be scored by one of … the major credit bureaus than there were before the Great Recession−a reality that is likely an unintended outcome …