The Effects of Special Saving Programs on Saving and Wealth
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.
-
-
Copy CitationJames M. Poterba, Steven F. Venti, and David A. Wise, "The Effects of Special Saving Programs on Saving and Wealth," NBER Working Paper 5287 (1995), https://doi.org/10.3386/w5287.Download Citation
Published Versions
Poterba, James M., Steven F. Venti and David A. Wise. "How Retirement Saving Programs Increase Saving," Journal of Economic Perspectives, 1996, v10(4,Fall), 91-112.
The Economic Effects of Aging in the United States and Japan, Michael D. Hurd and Naohiro Yashiro, eds., pp. 217-240, (Chicago: University of Chicago Press, 1997).
The Effects of Special Saving Programs on Saving and Wealth, James M. Poterba, Steven F. Venti, David A. Wise. in The Economic Effects of Aging in the United States and Japan, Hurd and Yashiro. 1996
Related
More from the NBER
In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Health, and the Bulletin on Entrepreneurship — as well as online conference reports, video lectures, and interviews.
