Income, Institutions, and Saving Performance in Individual Development Accounts
نویسندگان
چکیده
منابع مشابه
Assets Beyond Saving in Individual Development Accounts
This study examines whether participation in Individual Development Accounts (IDAs) leads to a significant growth in assets beyond saving in the IDA accounts. Using a longitudinal experimental research design for low-income IDA participants, we test for impacts on five measures of assets: liquid assets, other financial assets, total financial assets, real assets, and total assets. Results show ...
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Aging populations are leading countries worldwide to social security reforms. Many countries are moving from pay-as-you-go to personal retirement account (PRA) systems because of their financial sustainability and positive impact on private savings. PRA systems boost private savings at a macro level by converting a government liability into financial wealth managed by private fund managers. How...
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A major debate exists on whether expanding tax-favoured savings accounts such as Individual Retirement Accounts (IRAs) will increase national savings. Much of the empirical debate has centred on whether IRA contributions before the Tax Reform Act of 1986 represented new savings or merely reshuffled assets. We find no evidence that households financed their IRA contributions from reductions in c...
متن کاملDrop-out from Individual Development Accounts: Prediction and Prevention
Individual Development Accounts (IDAs) are a new policy instrument designed to help the poor save and accumulate assets. IDAs provide matches for savings used for home purchase, post-secondary education, or microenterprise. IDAs cannot help participants, however, if they drop out. What determines drop-out, and what can be done to help participants to stay in? Three findings emerge from an analy...
متن کاملIndividual Accounts in other countries.
by Barbara E. Kritzer Barbara E. Kritzer is with the Office of Research, Evaluation, and Statistics, Office of Policy, Social Security Administration. The United States is currently engaged in a national discussion about whether to make personal accounts a part of Social Security. To date, 31 other countries have implemented some type of individual, or personal, account as part of their mandato...
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ژورنال
عنوان ژورنال: Economic Development Quarterly
سال: 2003
ISSN: 0891-2424,1552-3543
DOI: 10.1177/0891242402239200