New savings from old innovations: asset building for the less affluent

In this paper, we review data on U.S. household savings, especially by less-affluent households, discuss theories of savings, and the impediments to savings. These impediments are a combination of factors that influence behavior by households and financial service firms. We discuss a number of innov...

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Bibliographic Details
Main Authors: Tufano, P, Schneider, D
Format: Conference item
Published: 2004