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Saving Puzzles and Saving Policies in the United States
Annamaria Lusardi, Jonathan Skinner and Steven Venti via National Bureau of Economic Research [NBER] 
Apr. 16, 2001 Working paper, available for $5 from NBER. Excerpt: In the past two decades the widely reported personal saving rate in the United States has dropped from double digits to below zero. First, we attempt to account for the decline in the National Income and Product Accounts saving rate.... Second, while NIPA saving measures are well suited for measuring the supply of new funds for investment and capital accumulation, it is not clear that they should be the target of government saving policies. MORE >> |
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