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Can The Poor Save? Saving and Asset Building in Individual Development Accounts. By Mark Schreiner and Michael Sherraden. Transaction Publishers, 2007, ISBN 0-202-30839-1, 385 pages.

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Can The Poor Save? Saving and Asset Building in Individual Development Accounts. By Mark Schreiner and Michael Sherraden. Transaction Publishers, 2007, ISBN 0-202-30839-1, 385 pages.

Published online by Cambridge University Press:  02 October 2008

Henry J. Aaron
Henry J. Aaron
Affiliation:
The Brookings Institution
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Abstract

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Type
Book Review
Information
Journal of Pension Economics & Finance , Volume 7 , Issue 3 , November 2008 , pp. 358 - 359
Copyright
Copyright © 2008 Cambridge University Press

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References

1 For full disclosure, I am a member of the board of directors of Abt Associates, the company that performed the evaluation of the social experiment.

2 Independent analysis of the Tulsa data are available in the Abt Associates report, Greg Mills, et al., [Evaluation of the American Dream Demonstration Final Evaluation Report,] Abt Associates, August 2004 (download available at http://www.abtassociates.com/reports/Final_Eval_Rpt_8-19-04.pdf). For a shorter summary, see Greg Mills, William Gale, and Rhiannon Patterson, ‘Do Individual Development Accounts Raise Saving? Experimental Evidence,’ presented to the American Economic Association, January 8, 2006 (download available at http://www.aeaweb.org/annual_mtg_papers/2006/0108_0800_0402.pdf).