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Journal article

Reinventing Savings Bonds

Abstract:

Savings bonds have always served multiple objectives: funding the U.S. government, democratizing national financing, and enabling families to save. Increasingly, the authors write, that last goal has been ignored. A series of efficiency measures introduced in 2003 make these bonds less attractive and less accessible to savers. Public policy should go in the opposite direction: U.S. savings bonds should be reinvigorated to help low- and moderate-income (LMI) families build assets. More and mor...

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Authors


Peter Tufano More by this author
Daniel Schneider More by this author
Publication date:
2005-10-31
URN:
uuid:a88775f1-8bee-4bb7-8323-5750e3879112
Local pid:
oai:eureka.sbs.ox.ac.uk:1300

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