Böcker av Michael Sherraden

Explores Individual Development Accounts to determine their effectiveness. This book offers lessons to those interested in saving and asset accumulation among the poor. It not only breaks new ground in the scientific study of savings behavior, but also offers recommendations to improve policies designed to encourage the poor to save.

This work proposes a new approach to welfare: a social policy that goes beyond simple income maintenance to foster individual initiative and self-sufficiency. It argues for an asset-based policy that would create a system of saving incentives through individual development accounts (IDAs).