The Effects of Special Saving Programs on Saving and Wealth

51 Pages Posted: 21 Jun 2000 Last revised: 19 Mar 2008

See all articles by James M. Poterba

James M. Poterba

National Bureau of Economic Research (NBER); Massachusetts Institute of Technology (MIT) - Department of Economics

Steven F. Venti

Dartmouth College - Department of Economics; National Bureau of Economic Research (NBER)

David A. Wise

National Bureau of Economic Research (NBER); Harvard University - Harvard Kennedy School (HKS)

Date Written: October 1995

Abstract

Individual saving through targeted retirement saving accountsþIRAs and 401(k)sþgrew rapidly in the United States during the 1980s. The microeconomic evidence presented in this paper suggests that most of the contributions to these programs represent new saving that would not otherwise have occurred. The micro evidence is compared with macro saving measured by National Income and Product Accounts and Flow of Funds data.

Suggested Citation

Poterba, James M. and Venti, Steven F. and Wise, David A., The Effects of Special Saving Programs on Saving and Wealth (October 1995). NBER Working Paper No. w5287. Available at SSRN: https://ssrn.com/abstract=225351

James M. Poterba (Contact Author)

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Steven F. Venti

Dartmouth College - Department of Economics ( email )

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National Bureau of Economic Research (NBER)

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David A. Wise

National Bureau of Economic Research (NBER) ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Harvard University - Harvard Kennedy School (HKS)

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Cambridge, MA 02138
United States

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