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SAVINGS BY AND FOR THE POOR: A RESEARCH REVIEW AND AGENDA
The poor can and do save, but often use formal or informal instruments that have high risk, high cost, and limited functionality. This could lead to undersaving compared to a world without market or behavioral frictions. Undersaving can have important welfare consequences: variable consumption, low...
Autores principales: | , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Blackwell Publishing Ltd
2014
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4358152/ https://www.ncbi.nlm.nih.gov/pubmed/25792764 http://dx.doi.org/10.1111/roiw.12101 |