Precautionary Savings in the Great Recession /

Heightened uncertainty since the onset of the Great Recession has materially increased saving rates, contributing to lower consumption and GDP growth. Consistent with a model of precautionary savings in the face of uncertainty, we find for a panel of advanced economies that greater labor income unce...

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Bibliografiske detaljer
Hovedforfatter: Mody, Ashoka
Andre forfattere: Ohnsorge, Franziska, Sandri, Damiano
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2012.
Serier:IMF Working Papers; Working Paper ; No. 2012/042
Online adgang:Full text available on IMF

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