Brookings: Topics - Saving

The Financial Crisis and Personal Saving

Wed, 28 Oct 2009 00:00:00 GMT

The current financial crisis has had a great impact on how Americans are saving. In a presentation for the “National Forum to Encourage Lower-Income Household Savings,” Karen Dynan explained that while aggregate personal saving should be markedly higher than before the crisis, it is difficult to predict the level of saving for lower-income households.

Australia and International Pension Reform: Lessons for the United States

Thu, 16 Jul 2009 10:00:00 GMT

Event Information:

July 16, 2009, 10:00 AM to 12:00 PM

On July 16, the Retirement Security Project and the Urban-Brookings Tax Policy Center hosted Australian Assistant Treasurer Nick Sherry, to discuss the Superannuation Guarantee- Australia's mandatory retirement savings system- and its relevance to American policy-makers.

Economic Fears Lead to a Surge in Household Saving

Tue, 14 Jul 2009 00:00:00 GMT

For many years, economists and other experts have bemoaned American consumers’ unwillingness to save. Now Americans are saving once again, and observers worry that too much saving translates directly into too little consumer demand. Gary Burtless examines whether consumer saving was too low in the past and whether this new saving pattern will continue.

Automatic : Changing the Way America Saves

Wed, 01 Jul 2009 00:00:00 GMT

Automatic argues for a fresh approach to increase saving, simplify retirement planning, and help manage the risks associated with today's individual account environment.

Stop Kicking the Fiscal Can Down the Road

Thu, 11 Jun 2009 00:00:00 GMT

While the government has been busy with bailouts, who is going to bail out the U.S. government when our creditors tire of lending to us? And now, thanks to the stimulus, virtually all those over age of 65 are receiving $250 checks, regardless of whether or not they need it. Isabel Sawhill says it’s time for Congress and the administration to get serious about getting our fiscal house in order.

Saving and Wealth Accumulation in the PSID, 1984-2005

Sat, 28 Feb 2009 00:00:00 GMT

This paper by Barry Bosworth and Sarah Anders reports on a project to construct and evaluate a wealth and saving dataset for those households who responded to the supplementary wealth and active saving modules of the Panel Study of Income Dynamics (PSID) over the period of 1984 to 2005.

Evaluating Micro-Survey Estimates of Wealth and Saving

Sat, 31 Jan 2009 00:00:00 GMT

Barry Bosworth and Rosanna Smart presents an overview of changes in household wealth accumulation and saving using wealth data from three micro-level surveys. They provide comparisons to the macroeconomic estimates of wealth accumulation and saving, explore problems in constructing household-level valuations of wealth, and assess the value of using household-level datasets to examine wealth accumulation and saving behavior in the United States.

A Vision for the U.S. Pension System at 100

Thu, 29 Jan 2009 00:00:00 GMT

Despite criticism of the Social Security Act, and it's application to twenty fist century America, Henry Aaron believes that those views are wrong. In broad outline, he says, the system is sound, sensibly designed, and affordable though some changes are now desirable, and that others will, and should, be made as economic and political conditions warrant. But he urges, they should affirm and strengthen the system, not scale it back or repeal it.

Why Are Saving Rates of Urban Households in China Rising?

Tue, 30 Dec 2008 00:00:00 GMT

In China, the household savings rate rose by 7 percent from 1995 to 2005, reflecting savings of about one quarter of disposable income. Why are Chinese households saving so much across all demographic groups? In a new paper, Eswar Prasad and Marcos Chamon analyze the savings patterns of households in China and discuss the economic drivers.

Fixing the Tax System

Mon, 08 Dec 2008 00:00:00 GMT

Innovative and sound tax policy may be one way out of our financial rut, argue Bill Gale and Ben Harris. An effective tax code can buoy an economic recovery; down the road, taxation can help achieve the Obama administration's goals in health care, in energy policy and, ultimately, for fiscal balance.

A Shot in the Arm for Medicare Part D

Thu, 20 Nov 2008 00:00:00 GMT

Jeffrey Kling and Ideas42 researchers have found that seniors are more likely to switch Medicare healthcare plans and save substantial amounts by changing from their existing plan. Given the overall state of the economy and recent news that drug plans are increasing their premiums up to 64 percent, the study helped inform the 24 million seniors in the program to shop around for the best price as open enrollment for Medicare Part D drug plans began.

Choosy Seniors Can Save on Prescriptions

Tue, 18 Nov 2008 00:00:00 GMT

The six-week annual open season for choosing health care options is under way. If you, or someone that you know, has prescription drug insurance from Medicare Part D, here's an idea that could save a bundle over the next year: consider switching plans, says Jeffrey Kling.

Framing, Reference Points, and Preferences for Life Annuities

Fri, 31 Oct 2008 00:00:00 GMT

In this paper, Jeffrey R. Brown, Jeffrey R. Kling, Sendhil Mullainathan, Garth R. Wiens and Marian V. Wrobel test the relative effectiveness of their two framing contexts for life annuities when different reference points are introduced, testing for loss aversion in both investment and consumption frames.

Protecting and Strengthening Retirement Savings

Wed, 16 Jul 2008 00:00:00 GMT

Fully half of America’s working families lack any employer-sponsored retirement savings plan. Testifying before a Senate panel, J. Mark Iwry and David C. John called for a common strategy to preserve and expand retirement savings in a manner that transcends partisan differences, an approach that includes preserving employer-sponsored retirement plans and broadening participation and coverage options.

Making Saving for Retirement Easier through Automatic IRAs

Thu, 26 Jun 2008 00:00:00 GMT

J. Mark Iwry and David C. John propose an automatic IRA approach which offers most employees not covered by an employee-sponsored retirement plan the opportunity to save through the powerful mechanism of regular payroll deposits that continue automatically.

Bridging the Social Security Divide: Lessons From Abroad

Thu, 19 Jun 2008 00:00:00 GMT

Kent Weaver argues that a new approach to Social Security reform requires the president and congressional leaders to agree on an overall mandate for a commission named through a bipartisan nominating process designed to generate a group that is likely to focus on practical, consensus-building solutions. Special procedures in each house of Congress would provide expedited consideration of the commission’s reform package and alternatives, while providing incentives for constructive congressional engagement in the reform process.

The Automatic Revolution: Changing How America Saves

Tue, 10 Jun 2008 08:00:00 GMT

Event Information:

June 10, 2008, 8:00 AM to 3:00 PM

The Retirement Security project hosted, “The Automatic Revolution: Changing How America Saves,” marking the 10th anniversary of the 1998 Treasury/IRS ruling that made automatic saving mechanisms possible. The conference was intended to highlight that decision, the dramatic changes that automatic plans have created since then, and the prospects for the future – for both automatic 401ks and automatic IRAs.

Why Don't People Choose Annuities? A Framing Explanation

Mon, 31 Mar 2008 00:00:00 GMT

Jeffrey Kling, Jeffrey Brown, Sendhil Mullainathan and Marian Wrobel explore the idea that people's aversion to annuities is not a fully rational phenomenon. They suggest that a psychologically richer model of consumer behavior can explain under-annuitization.

Banking on Wealth: America’s New Retail Banking Infrastructure and Its Wealth-Building Potential

Tue, 22 Jan 2008 00:00:00 GMT

The $100 billion size of the high-cost non-bank basic financial services industry, including check cashers, payday lenders, and pawnshops, points to the high demand for basic financial services among low- and moderate-income customers. Alternative products sold by banks—located extensively in lower-income neighborhoods could meet those consumer needs, while also creating an opportunity for households to convert their current spending on high-cost services into savings and even wealth.

The Middle-Class Squeeze

Fri, 11 Jan 2008 00:00:00 GMT

Brookings Expert Gregg Easterbrook and Harvard Law School's Elizabeth Warren discuss the squeeze on the American middle class.

Opportunity 08: Better Direction on Main Street

Mon, 03 Dec 2007 10:15:00 GMT

Event Information:

December 03, 2007, 10:15 AM to 12:00 PM

From the individual alternative minimum tax (AMT) to an unstable mortgage market, many middle-class American families are at risk of losing their footing in today’s economy. Saving rates are at an all-time low and rising health premiums can render basic care unaffordable to even full-time workers. Opportunity 08 explores what the next President can and should do to promote individuals’ economic success and a sound middle class.

Pursuing Universal Retirement Security Through Automatic IRAs

Thu, 08 Nov 2007 00:00:00 GMT

Nearly half of American workers have no employer-sponsored saving plan. Mark Iwry testified before a congressional panel about a strategy to promote saving for families and the nation. "The Automatic IRA is a disarmingly simple concept," said Iwry.

Why the 2005 Social Security Initiative Failed, and What it Means for the Future

Fri, 21 Sep 2007 00:00:00 GMT

President Bush made Social Security reform his top domestic priority in 2004. In this paper, Brookings's William Galston examines why the president's proposal failed and the politics of Social Security reform.

Making Markets an Asset for the Poor

Mon, 23 Jul 2007 00:00:00 GMT

Matt Fellowes examines the higher prices lower-income workers pay for basic necessities--home loans, groceries, and financial services--and outlines a combination of initiatives that can bring down business costs.

Making Markets an Asset for Lower Income, Working Families

Mon, 09 Apr 2007 00:00:00 GMT

In this testimony before the California Assembly Banking and Finance Committee, Matt Fellowes discusses the important opportunity to build wealth among California's lower income working families by expanding access to banking services.

Promoting Retirement Security: Make Saving Easier & More Rewarding

Wed, 28 Feb 2007 00:00:00 GMT

The past 25 years have brought a dramatic shift in our nation's pension system away from defined benefit plans and toward defined contribution accounts, such as 401(k)s and Individual Retirement Accounts (IRAs). But many of our public policies have not been updated to reflect the increased responsibility placed on workers to prepare for their own retirement. The next President can improve and strengthen retirement security substantially through a series of common-sense reforms that would make the defined contribution pension system easier to navigate and more rewarding for American families.

Trends in Retirement Security

Wed, 31 Jan 2007 00:00:00 GMT

Testimony by Jason Furman (1/31/07)

Automatic Savings and Pension Protection Act: Next Steps for Congress

Tue, 21 Nov 2006 10:00:00 GMT

Event Information:

November 21, 2006, 10:00 AM to 11:30 AM

Saving and Demographic Change: The Global Dimension

Wed, 01 Nov 2006 00:00:00 GMT

Paper by Barry Bosworth and Gabriel Chodorow-Reich (November 2006)

Universal Insurance: Enhancing Economic Security to Promote Opportunity

Fri, 01 Sep 2006 00:00:00 GMT

Paper by Jacob Hacker (9/11/2006)

Aging Gracefully : Ideas to Improve Retirement Security in America

Tue, 01 Aug 2006 00:00:00 GMT

Reforming Tax Incentives into Uniform Refundable Tax Credits

Tue, 01 Aug 2006 00:00:00 GMT

Policy Brief #156: Reforming Tax Incentives into Uniform Refundable Tax Credits; by Peter R. Orszag, Fred T. Goldberg, Jr., and Lily L. Batchelder

Task Force on Work, Poverty and Opportunity

Fri, 02 Jun 2006 00:00:00 GMT

Before the U.S. Conference of Mayors, Bruce Katz argues that in order for America to make progress toward alleviating poverty and growing a strong and resilient urban middle class, a primary concern must be places of concentrated poverty, neighborhood

Financial Access for Immigrants: Lessons from Diverse Perspectives

Thu, 04 May 2006 00:00:00 GMT

In this presentation, at the release event for the Federal Reserve Bank of Chicago-Brookings publication, Financial Access for Immigrants: Lessons from Diverse Perspectives, Audrey Singer and Anna Paulson of the Federal Reserve Bank of Chicago outline the opportunities and challenges for broadening financial access for immigrants. They argue that the success of today's immigrants—who come to the United States largely seeking to improve their own prospects for prosperity—depends on their access to mainstream financial institutions that can help them save money, buy homes, access credit, start businesses, and otherwise build wealth.

Credit Scores, Reports, and Getting Ahead in America

Mon, 01 May 2006 00:00:00 GMT

Credit scores wield enormous influence in American consumer life, directly influencing, often without customer knowledge, prices for loans, insurance, employment, and housing.

Financial Access for Immigrants: Lessons from Diverse Perspectives

Mon, 01 May 2006 00:00:00 GMT

Financial access - knowing what one's financial options are and having products and services to choose from - is closely linked to economic prosperity.

Debt is Cheating Our Children's Future

Sun, 23 Apr 2006 00:00:00 GMT

Opinion by Isabel V. Sawhill, Kansas City Star (4/23/06)

United States Saving in a Global Context

Thu, 06 Apr 2006 00:00:00 GMT

Testimony by Barry P. Bosworth, Senate Committee on Finance (4/6/06)

Saving for the 21st Century: Is America Saving Enough to be Competitive in the Global Marketplace?

Thu, 06 Apr 2006 00:00:00 GMT

Testimony by Lael Brainard, Senate Committee on Finance (4/6/06)

Restoring America's Promise of Opportunity, Prosperity and Growth

Wed, 05 Apr 2006 10:30:00 GMT

Event Information:

April 05, 2006, 10:30 AM to 12:00 PM

With global competition increasing and wages stagnating, America's promise of providing an opportunity for every individual to lead a better life is in jeopardy. To restore this promise, a new economic policy project—backed by leaders from business, academia and public policy—was launched on April 5, 2006. The Hamilton Project is a unique initiative at the Brookings Institution designed to inject new policy options from leading economic thinkers across the country into the national economic debate.

Improving Opportunities and Incentives for Saving by Middle- and Low-Income Households

Sat, 01 Apr 2006 00:00:00 GMT

Hamilton Project Paper by William G. Gale, Jonathan Gruber, Peter R. Orszag (April 2006)

Grounds for Competition: The Basic Financial Service Infrastructure in Low-Income Neighborhoods

Fri, 17 Mar 2006 00:00:00 GMT

In this presentation at the University of Delaware, Matt Fellowes showed how rising immigration and the 1996 welfare reform law spurred demand for high-cost financial products that hinder wealth building in low-income neighborhoods.

Building Automatic Solvency into U.S. Social Security: Insights from Sweden and Germany

Wed, 01 Mar 2006 00:00:00 GMT

In 1998, Sweden adopted a radical new approach to state-based pension provision, with several innovations. Many experts in the United States and elsewhere have been interested in Sweden's move toward mandatory individual accounts for retirement savings, with workers required to set-aside 2.5 percent of covered wages. For purposes of this brief, however, Sweden's novel approach to financing the much larger pay-as-you-go state pensions is of interest. The new Swedish pension system contains features that should achieve what the architects of the new system sought—guaranteed and permanent financial solvency at a fixed contribution rate of 16 percent of wages.

Global Imbalances: The Blind Men and the Elephant

Sun, 01 Jan 2006 00:00:00 GMT

This paper reviews competing explanations for the pattern of global imbalances and the magnitude of the U.S. external deficit. It argues that, far from being incompatible, existing explanations are all parts of the larger story.

Redefining Working Family Policy: State Innovation in the Ownership Society

Wed, 07 Dec 2005 00:00:00 GMT

In this presentation at the National Conference on State Legislatures Fall 2005 Forum, Matt Fellowes presented how low-income families are fairing in an ownership society. He also discussed the different types of state innovations that benefit low-income working families, their promises and perils.

The Metropolitan Market for Alternative Short-Term Loans

Fri, 02 Dec 2005 00:00:00 GMT

In this presentation at the annual conference of the Consumer Federation of America, Matt Fellowes discussed the growing number of alternative short-term loan providers in metropolitan areas, particularly in suburban, low-poverty areas. Matt also discussed the numerous public policy and market implications of that growth.

The Evolving Pension System : Trends, Effects, and Proposals for Reform

Thu, 01 Dec 2005 00:00:00 GMT

The Evolving Pension System examines the foundations and the future of the private pension system. It provides a broad overview of the underlying assumptions, characteristics, and effects of existing pension policy, as well as alternative view

Strengthen Marriage, But Maintain Safety Net

Tue, 15 Nov 2005 00:00:00 GMT

Opinion by Sara McLanahan and Ron Haskins, The Baltimore Sun (11/15/05)

Chump-Change Budget Cuts

Sat, 12 Nov 2005 00:00:00 GMT

Opinion by Isabel V. Sawhill and Andrew L. Yarrow, Los Angeles Times (11/12/05)

Defining the Policy and Market Resource Context for Asset Building

Thu, 22 Sep 2005 00:00:00 GMT

In this presentation at the NCCED 2005 Annual Conference, Matt Fellowes discussed the family context for expanding asset ownership, the policy and market resource context for asset building, and what are the promises and perils of this policy and market context.

The Decline in Household Saving: What Can We Learn From Survey Data?

Thu, 11 Aug 2005 00:00:00 GMT

In a global economy characterized by some as being awash in saving, Americans stand out for their devotion to consumption. The rate of private saving in the United States has declined precipitously over the past two decades. While the corporate component has surged during the current economic expansion, the household saving rate has continued to fall. Household saving has fallen from ten percent of disposable income in the first half of the 1980s to less than two percent in the first half of the current decade. This development should strike us as all the more surprising given the large number of baby-boomers who are in their peak saving years. Despite considerable empirical research, the source of the saving decline remains controversial; primarily because it's one-time nature makes the question of the causes difficult to resolve on the basis of macroeconomic correlations.

Saving Social Security : A Balanced Approach, Revised Edition

Mon, 01 Aug 2005 00:00:00 GMT

&The debate about reforming Social Security has become increasingly ideological. Scare tactics and unrealistic promises have become the norm. Diamond and Orszag bring some welcome realism and decency to the debate. They show exactly where the current

Can Rich Countries Afford to Grow Old?

Fri, 15 Jul 2005 00:00:00 GMT

Observers in many industrialized countries believe population aging represents a serious economic threat. Increases in the percentage of the population past retirement age may impose unsustainable burdens on future workers. Either taxes or government debt will have to rise substantially to pay for old-age income support. This paper considers the extent of these burdens and corrects the widespread impression that the burdens are unsupportable.

Articulating a Policy Framework for Long-Term Federal Entitlement Reform

Fri, 01 Jul 2005 00:00:00 GMT

President Bush's top first-term objectives — in the aftermath of the 9/11 terrorist attacks — were waging and winning the global war on terror, significantly enhancing our homeland security systems, and strengthening economic growth. With sluggish economic growth following the 2001 recession persisting in 2002 and 2003 — due, in part, to the revelation of several corporate governance scandals and the aftermath of technology stock "bubble burst" – the President placed a high premium on tax relief proposals aimed at accelerating the pace of short and long-term economic growth. In this context, it is not at all surprising that large federal budget deficits emerged.

Deficits, Interest Rates, and the User Cost of Capital: A Reconsideration of the Effects of Tax Policy on Investment

Fri, 01 Jul 2005 00:00:00 GMT

Under traditional formulations, lower capital income tax rates reduce the user cost of capital and stimulate investment. The traditional approach, however, implictly or explicitly considers a revenue-neutral reduction in capital income taxation. We extend the traditional approach by considering a reduction in taxes that generates an increase in the budget deficit; the expanded budget deficit raises interest rates and the opportunity cost of investment. This provides a mechanism through which tax cuts can raise the cost of capital. Representative calculations show that, even with relatively modest interest rate effects, the net effect of making the Administration's recent tax cuts permanent or a 10-percent reduction in individual income tax rates would be to raise the user cost of capital. Thus, sustained tax cuts can raise the cost of capital and reduce investment.

Protecting Low-Income Families' Savings

Tue, 21 Jun 2005 10:00:00 GMT

Event Information:

June 21, 2005, 10:00 AM to 11:30 AM

U.S. Economy: We're All Living on Borrowed Time

Wed, 01 Jun 2005 00:00:00 GMT

Opinion by William G. Gale and Peter R. Orszag, Los Angeles Times (6/1/05)

Social Security Smorgasbord? Lessons from Sweden's Individual Pension Accounts

Wed, 01 Jun 2005 00:00:00 GMT

Policy Brief #140, by R. Kent Weaver (June 2005)

Improving Retirement Security

Thu, 19 May 2005 00:00:00 GMT

Testimony by Peter R. Orszag, House Committee on Ways and Means (5/19/05)

President Bush's Social Security Privatization Plan: Will You and Your Family Be Worse Off?

Fri, 13 May 2005 00:00:00 GMT

Testimony by Peter R. Orszag, Senate Democratic Policy Committee (5/13/05)

Savings Incentives for Low- and Middle-Income Families: A New Report From the Retirement Security Project

Tue, 10 May 2005 15:30:00 GMT

Event Information:

May 10, 2005, 3:30 PM to 4:30 PM

Saving Incentives for Low- and Middle-Income Families: Evidence from a Field Experiment with H&R Block

Sun, 01 May 2005 00:00:00 GMT

Paper by Esther Duflo, William Gale, Jeffrey Liebman, Peter Orszag and Emmanuel Saez (May 2005)

Social Security Reform

Tue, 26 Apr 2005 00:00:00 GMT

Testimony by Peter R. Orszag, Senate Committee on Finance (4/26/05)

Restoring Fiscal Sanity: Meeting the Long-Run Challenge

Thu, 14 Apr 2005 09:30:00 GMT

Event Information:

April 14, 2005, 9:30 AM to 12:30 PM

Saving Social Security: The Diamond-Orszag Plan

Fri, 01 Apr 2005 00:00:00 GMT

Paper by Peter A. Diamond and Peter R. Orszag, The Economists? Voice (April 2005)

Game On: How Democrats Should Respond to Bush's Campaign to Reform Social Security

Fri, 18 Mar 2005 00:00:00 GMT

Opinion by Thomas E. Mann; The New Republic Online (3/18/05)

The Crisis Last Time: Social Security Reform

Sat, 05 Mar 2005 00:00:00 GMT

Opinion by Paul C. Light; New York Times (3/5/05)

The Automatic 401(k): A Simple Way to Strengthen Retirement Savings

Tue, 01 Mar 2005 00:00:00 GMT

Paper by William G. Gale, J. Mark Iwry, and Peter R. Orszag (March 2005)

Individual Development Accounts: Policies to Build Savings and Assets for the Poor

Tue, 01 Mar 2005 00:00:00 GMT

Wealth inequality in America dwarfs income inequality, with low levels of asset ownership affecting a majority of the country. Thus the bottom 60 percent of the nation collectively possesses less than 5 percent of the nation’s wealth. Broadening the ownership of assets—through IDAs, children’s savings accounts, and targeted tax subsidies for wealth accumulation—may help expand economic security and opportunity for the nation’s poor.

The Saver's Credit: Expanding Retirement Savings for Middle- and Lower-Income Americans

Tue, 01 Mar 2005 00:00:00 GMT

Paper by William G. Gale, J. Mark Iwry, and Peter R. Orszag (March 2005)

Saving Social Security

Tue, 01 Mar 2005 00:00:00 GMT

Article by Peter A. Diamond and Peter R. Orszag, Journal of Economic Perspectives (Spring 2005)

The Outlook for Fiscal Policy

Mon, 14 Feb 2005 00:00:00 GMT

Article by William G. Gale and Peter R. Orszag, Tax Notes (2/14/05)

The Future of the Personal Responsibility, Work, and Family Promotion Act

Thu, 10 Feb 2005 00:00:00 GMT

Testimony by Ron Haskins, House Committee on Ways and Means, Subcommittee on Human Resources (2/10/05)

Borrowing from Future Social Security Benefits: The Administration's Proposal for Individual Accounts

Wed, 09 Feb 2005 00:00:00 GMT

Testimony by Peter R. Orszag, House Committee on the Budget (2/9/05)

The Wrong Way to Fix Social Security

Fri, 28 Jan 2005 00:00:00 GMT

Testimony by Peter R. Orszag, Democratic Policy Committee (1/28/05)

The No. 1 Moral Issue Is--Abortion? No, Social Security

Sat, 15 Jan 2005 00:00:00 GMT

Article by Jonathan Rauch; The National Journal (1/15/05)

Reforming Social Security

Thu, 13 Jan 2005 10:30:00 GMT

Event Information:

January 13, 2005, 10:30 AM to 12:00 PM

The Long-Term Care Partnership Program: Issues and Options

Wed, 01 Dec 2004 00:00:00 GMT

Paper by Alexis Ahlstrom, Emily Clements, Anne Tumlinson, and Jeanne Lambrew (December 2004)

Privatize Social Security? No

Mon, 01 Nov 2004 00:00:00 GMT

Opinion by Henry J. Aaron, The New York Daily News (11/1/04)

Bolstering Retirement Security

Wed, 13 Oct 2004 00:00:00 GMT

Speech by Peter R. Orszag, Stable Value Investment Association (10/13/04)

National Dilemmas in Health Care

Thu, 07 Oct 2004 07:30:00 GMT

Event Information:

October 07, 2004, 7:30 AM to 4:45 PM

Choosing a Long-Term Care Insurance Policy: Understanding and Improving the Process

Mon, 04 Oct 2004 00:00:00 GMT

Paper by Robert B. Friedland and Stephanie E. Lewis (10/4/04)

Banking the Poor

Fri, 01 Oct 2004 00:00:00 GMT

An analysis of the banking and alternative financial services industries suggests that increasing access to banking for low-income households, could boost both family financial stability and broader societal anti-poverty efforts.

Social Norms, Rules of Thumb, and Retirement: Evidence for Rationality in Retirement Planning

Fri, 01 Oct 2004 00:00:00 GMT

Paper by Gary Burtless (October 2004)

Strengthening Retirement Saving: A Bipartisan Proposal

Tue, 14 Sep 2004 10:00:00 GMT

Event Information:

September 14, 2004 at 10:00 AM

Budget Deficits, Social Security, and Younger Generations

Mon, 13 Sep 2004 00:00:00 GMT

Testimony by Peter R. Orszag, House Budget Committee Forum (9/13/04)

Purging the Parasitic Economy

Tue, 07 Sep 2004 00:00:00 GMT

The parasitic economy preys on low-income customers conventional banks don?t pursue and hinders efforts to reward work and bootstrap these families out of poverty.

Retirement Saving and Long-Term Care Needs: An Overview

Wed, 01 Sep 2004 00:00:00 GMT

Paper by William G. Gale, Mark J. Iwry, Peter R. Orszag, Alexis Ahlstrom, Emily Clements, Jeanne Lambrew, Anne Tumlinson (September 2004)

Budget Deficits, National Saving, and Interest Rates

Wed, 01 Sep 2004 00:00:00 GMT

Paper by William G. Gale and Peter R. Orszag, Brookings Panel on Economic Activity (9/10/04)

Brookings Papers on Economic Activity 1:2004

Sun, 15 Aug 2004 00:00:00 GMT

Subscribe to Brookings Papers on Economic Activity

For almost thirty years, Brookings Papers on Economic Activity (BPEA) ha

Why Don't Americans Save?

Tue, 10 Aug 2004 00:00:00 GMT

Paper by Barry P. Bosworth (August 2004)

Improving the Saver's Credit

Thu, 01 Jul 2004 00:00:00 GMT

Brookings Policy Brief #135 by William G. Gale, J. Mark Iwry and Peter R. Orszag. (July 2004)

The Impact of Aging on Financial Markets and the Economy: A Survey

Thu, 01 Jul 2004 00:00:00 GMT

Paper by Barry P. Bosworth, Ralph C. Bryant, and Gary Burtless (July 2004)

Improving 401(k) Asset Choices: Avoiding the Next Enron

Thu, 10 Jun 2004 08:45:00 GMT

Event Information:

June 10, 2004, 8:45 AM to 12:30 PM

Filling the Savings Gap

Mon, 17 May 2004 09:30:00 GMT

Event Information:

May 17, 2004, 9:30 AM to 11:00 AM

A Summary of Saving Social Security: A Balanced Approach

Tue, 04 May 2004 00:00:00 GMT

Opinion by Peter A. Diamond and Peter R. Orszag (5/04/04)

The Saver's Credit: Issues and Options

Mon, 03 May 2004 00:00:00 GMT

Article by William G. Gale, J. Mark Iwry, and Peter R. Orszag (5/3/04)

Private Defined Benefit Pension System

Wed, 28 Apr 2004 00:00:00 GMT

Testimony by J. Mark Iwry (4/29/2004)

Private Pensions and Public Policies

Mon, 19 Apr 2004 00:00:00 GMT

The private pension system, together with Social Security, has provided millions of Americans with income security in retirement. But over the past thirty years, pension coverage has stagnated, leaving behind some vulnerable groups. Private Pensio

Financial Access for Immigrants: Learning from Diverse Perspectives

Thu, 15 Apr 2004 00:00:00 GMT
Event Information:
April 15, 2004 at 12:00 AM
The Federal Reserve Bank of Chicago hosted a conference that highlighted new research and best practices for overcoming barriers to immigrant financial market participation. Panels on traditional banking, housing and homeownership, entrepreneurship, small business lending, and remittances featured speakers from policy makers, researchers, and representatives of financial institutions, government agencies, immigrant advocacy and community development organizations.