Posts Tagged ‘savings’

  • 16064_12.13_000010427766XSmall

    A Savings Lottery

    Dec 13, 10 • 198 Views • Behavioral Economics, Developing Economies, Financial Markets, Money and Monetary Policy1 Comment

    Assume you have 3 extra dollars each day. Would you use it for a lottery ticket or a savings account? Most people would select the lottery ticket. Economists, though, hoping to elevate our nation’s savings rate, would like to encourage the banking