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  • Prize linked savings accounts

    I did the quick search, and didn’t find any hits. Does anyone have experience with these? Are they not good for high income earners?

    Thanks. I’ll hang up and listen.

  • #2
    huh?

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    • #3
      Freakonomics did a piece on this:

      https://itunes.apple.com/us/podcast/freakonomics-radio/id354668519?mt=2&i=1000395165279

      I think it's a great idea. Only thing stopping it is the state governments. Not sure what the evidence is but I bet it creates more success at the lower end of the income spectrum.

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      • #4
        Some evidence:

        http://beniverson.org/papers/MaMa.pdf

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        • #5
          Evidence of benefit to low propensity savers:

          http://www.nber.org/papers/w16433.pdf

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          • #6
            I listened to the same podcast. It’s why I had the question. Seems like a good idea, but I’ve yet to see anyone talk about it. The state I will be moving to after fellowship has them.

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            • #7
              Thanks for those papers.

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              • #8
                Nice articles, thanks. Interesting idea.

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