U.S. Consumption after the 2008 Crisis /

U.S. household consumption declined sharply in late 2008, marking a departure from the trend of a steady increase in U.S. consumption as a share of income since the 1980s. Combining econometric and simulation analysis, we estimate that this departure will be sustained beyond the crisis: the U.S. hou...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Lee, Jaewoo
Weitere Verfasser: Rabanal, Pau, Sandri, Damiano
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2010.
Schriftenreihe:IMF Staff Position Notes; Staff Position Note ; No. 2010/001
Online Zugang:Full text available on IMF