The Decline in Household Saving -- What Can We Learn from Survey Data?

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The Decline in Household Saving -- What Can We Learn from Survey Data?
Center for Retirement Research at Boston College

Dec. 16, 2005

Excerpt: [The authors] examine the saving decline from the perspective of microeconomic survey data on the wealth position of American households. Can the surveys provide information on the nature and causes of the saving decline that are not evident in the macroeconomic information? The analysis concentrates on data obtained from six Surveys of Consumer Finances (SCF) covering the period of 1983-2001. The SCF had a panel dimension only in the 1983-89 period.

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