Dissecting Saving Dynamics : Measuring Wealth, Precautionary, and Credit Effects /

We argue that the U.S. personal saving rate's long stability (from the 1960s through the early 1980s), subsequent steady decline (1980s - 2007), and recent substantial increase (2008 - 2011) can all be interpreted using a parsimonious 'buffer stock' model of optimal consumption in the...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Carroll, Christopher
अन्य लेखक: Slacalek, Jiri, Sommer, Martin
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2012.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2012/219
ऑनलाइन पहुंच:Full text available on IMF