The premise of this article is that an understanding of psychology and other social science
disciplines can inform the effectiveness of the economic tools traditionally deployed in …

To investigate the enforcement value of third-party information on potentially collusive
taxpayers, I study an anti-tax evasion program that rewards consumers for ensuring that …

Designers and managers hope their products become essential for users—integrated into
their lives like Instagram, Lyft, and others have become. Such deep integration isn't …

This chapter provides an overview of household finance. The first part summarizes key facts
regarding household financial behavior, emphasizing empirical regularities that are …

Prize-linked savings (PLS) accounts, which allocate interest using lottery payments rather
than fixed interest, encourage savings by appealing to households' gambling preferences. I …

This paper studies the adoption and impact of prize-linked savings (PLS) accounts, which
offer lottery-like payouts to individual account holders in lieu of interest. Using microlevel …

Despite the importance of deposit financing for lending, banks in develo** countries
struggle to attract deposits. In a randomized experiment across 110 bank branches …

In the United States, the lack of personal savings has been a perennial concern in the world
of public policy. Policymakers and other practitioners constantly struggle with how to …

Financial innovation in recent decades has expanded portfolio choice. We investigate how
greater choice affects investors' savings and asset returns. We establish a choice channel by …

A series of randomized field experiments tests whether saving rates in a federally funded,
matched, savings program for low-income families–the Individual Development Account …