While it is relatively easy to calculate broad savings estimates on the basis of information contained in cost-comparison documents, an understanding of the sources of those savings can be gleaned only through an in-depth examination of the cases in question. Below, we summarize the sources of cost savings for each of the sites visited. This information was drawn both from the interviews and fr...

In the lead-up to the peak of the financial bubble (and before the onset of the global financial crisis), UK newspapers regularly touted property including owneroccupied homes as ready-made alternatives to private pensions. Having previously considered the significance of investment property (buy-to-let etc), in this paper we explore the significance of home ownership for respondents’ intended ...

The role of savings in investment and therefore in the development of a country cannot be exaggerated. In poor countries like ours most of the savings is done by households. In this paper the saving behaviour of Pakistan households, broken down to rural-urban, is examined. Using HIES 1998/99 and utilising OLS, it has been shown that saving behaviour in Pakistan is influenced by various factors ...

Many economic analyses of immunization programmes focus on the benefits in terms of public-sector cost savings, but do not incorporate estimates of the private cost savings that individuals receive from vaccination. This paper considers the implications of Bahl et al.'s cost-of-illness estimates for typhoid immunization policy by examining how community-level incidence estimates and information...

The savings and loan debacle of the 1980s was a costly but important learning event for depository regulation in the United States. The origins of the debacle lay in restrictive government regulation that eventually led to financial difficulties for savings and loan institutions in the late 1970s and early 1980s. The Congress and at least three presidential administrations delayed for far too l...

This paper presents a theoretical analysis of strategic competition in retail banking when some of the ®rms show expense preference behavior. The literature on expense preference behavior by banking ®rms is fairly large, but to our knowledge, so far, the strategic interaction between pro®t maximizing banks and banks with expense preference behavior has not been investigated. The paper has also ...

Poor households worldwide rely on savings groups (SGs) to satisfy their financial needs, yet very little is known about these groups’ ability to meet them. In this paper we develop a theoretical model illustrating the basic trade-offs in the functioning of SGs, and present stylized facts derived from the financial accounts of a sample of Ugandan SGs. The main conclusion from the theoretical mod...

The authors investigate the potential of Health Savings Accounts (HSAs) to expand health insurance coverage. They examine how many currently uninsured people might be encouraged to buy coverage through HSAs, and what the impacts of such actions might be on the group and nongroup health insurance markets. Their main conclusions: HSAs are not likely to be an important contributor to expanding cov...

We propose and evaluate a memory-based model of Hick's law, the approximately linear increase in choice reaction time with the logarithm of set size (the number of stimulus-response alternatives). According to the model, Hick's law reflects a combination of associative interference during retrieval from declarative memory and occasional savings for stimulus-response repetitions due to non-retri...

Five experiments examined the relearning of words, simple line-drawing pictures, and complex photographic pictures after retention intervals of 1 to 10 weeks. For those items that were neither recalled nor recognized, the identical item was relearned better than an unrelated control item, as measured by a recall test following relearning. This relearning advantage in recall held for all three c...