The Economics of Household Saving.

• Position: Conferences

NBER Research Associate Erik Hurst of the University of Chicago and NBER President James Poterba of MIT are codirecting a two-year research project on the "The Economics of Household Saving" At the inaugural research meeting for this project, which was held on July 18, the following papers were discussed:

* Annamaria Lusardi, Dartmouth College and NBER, and Olivia S. Mitchell, University of Pennsylvania and NBER, "How Ordinary Consumers Make Complex Economic Decisions: Financial Literacy and Retirement Readiness"

John Beshears, Harvard University; James J. Choi, Yale University and NBER; Brigitte C. Madrian and David Laibson, Harvard University and NBER; and Katherine L. Milkman, University of Pennsylvania, "The Effect of Providing Peer Information on Retirement Savings Decisions"

Ulrike Malmendier, University of California, Berkeley and NBER, and Stefan Nagel, Stanford University and NBER, "Depression Babies: Do Macroeconomic Experiences Affect Risk Taking?"(NBER Working...