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Federal Reserve Bank of Minneapolis Opportunity and Inclusive Growth Institute: 'Why Do Households Save and Work?'
February 07, 2026
MINNEAPOLIS, Minnesota, Feb. 7 (TNSLrpt) -- The Federal Reserve Bank of Minneapolis Opportunity and Inclusive Growth Institute issued the following white paper (No. 124) on Jan. 30, 2026 by Margherita Borella, Mariacristina De Nardi, Johanna Torres Chain and Fang Yang entitled "Why Do Households Save and Work?".

Here is the abstract:

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This paper quantifies why households save and work using a life-cycle model that incorporates wage risk, end . . .

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