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In this collection of critical surveys the reader is provided with a range of up-to-date work from some of the leading scholars in the area, writing on private and public sector aspects of savings and wealth accumulation.

• A survey of savings and wealth accumulation which are important dimensions of research and policy debates
• Discusses the measurement of genuine savings and sustainability, the estimation of wealth inequality, and recent developments in consumer credit and defaults
• Evaluates the impact of student loans on financial well-being, people's...

The important interaction between modeling and solution techniques is demonstrated by using a simplified multibody model of a truck thoughout the book to illustrate all key concepts.