TY  - JOUR
AU  - Poterba,James M.
AU  - Venti,Steven F.
AU  - Wise,David A.
TI  - The Effects of Special Saving Programs on Saving and Wealth
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 5287
PY  - 1995
Y2  - October 1995
UR  - http://www.nber.org/papers/w5287
L1  - http://www.nber.org/papers/w5287.pdf
N1  - Author contact info:
James M. Poterba
Department of Economics
MIT, E52-350
50 Memorial Drive
Cambridge, MA  02142-1347
Tel: 617/253-6673
Fax: 617/258-7804
E-Mail: poterba@nber.org

Steven F. Venti
Department of Economics
6106 Rockefeller Center
Dartmouth College
Hanover, NH  03755
Tel: 603/646-2526
Fax: 603/646-2122
E-Mail: steven.f.venti@dartmouth.edu

David A. Wise
Harvard Kennedy School
79 John F. Kennedy
Cambridge, MA   02138
E-Mail: dwise@nber.org
M1  - published as James M. Poterba, Steven F. Venti, David A. Wise. "The Effects of Special Saving Programs on Saving and Wealth," in Michael D. Hurd and Naohiro Yashiro, editors, "The Economic Effects of Aging in the United States and Japan" University of Chicago Press (1996)

AB  - Individual saving through targeted retirement saving accountsþIRAs and 401(k)sþgrew rapidly in the United States during the 1980s.  The microeconomic evidence presented in this paper suggests that most of the contributions to these programs represent new saving that would not otherwise have occurred.  The micro evidence is compared with macro saving measured by National Income and Product Accounts and Flow of Funds data.
ER  -