Using financial innovation to support savers: from coercion to excitement

Daniel Schneider and Peter Tufano

Communities and Banking, 2009, issue Spr, 6-8

Abstract: The simplest ideas for helping Americans save may be the most powerful. One process innovation would allow workers once again to purchase U.S. Savings Bonds on their tax returns. An example of a product innovation is a savings account tied to winning a prize.

Keywords: Savings bonds; Savings accounts (search for similar items in EconPapers)
Date: 2009
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