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...

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書目詳細資料
主要作者: Carroll, Christopher
其他作者: Slacalek, Jiri, Sommer, Martin
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2012.
叢編:IMF Working Papers; Working Paper ; No. 2012/219
在線閱讀:Full text available on IMF