Tag: savings
Simple model suggests more saving, but real world frictions likely to produce less saving. For the record, we would not be discussing shifting from traditional to Roth 401(k)s except that Congress is looking for additional revenue to offset its proposed tax cuts over the next 10 years, the timeframe used for considering legislation. As background,…
Pattern is steady across education levels but varies dramatically by race. As I discussed earlier this year, people are often interested in studying the saving behavior of women. I have generally resisted this approach because women have traditionally lived in households where the couple makes decisions jointly. In that world, the main distinction is between…
