Marie Michael Library

Title

How can the poor save?: theory and evidence on saving in low-income households

Author

Beverly, Sondra

Description

This paper examines the question of savings and the poor. It begins with an interdisciplinary review of theory and empirical evidence on saving, summarizing existing theories of saving and asset accumulation. Then, a general model of saving is presented. The paper also discusses variables related to ability and willingness to save.

File No

CSD-WP97-3

Agency

Center for Social Development (CSD)

Date

1997

Subject(s)

Savings, Investment

Pages

57