The Rich and the Great Recession /
Most papers explaining the macro causes of the U.S. Great Recession focus on the behavior of the middle class: how its saving rate declined in the pre-crisis years, then surged following the crisis. This paper argues that the saving rate of the rich followed a similar pattern, the result of wealth e...
Автор: | Bakker, Bas |
---|---|
Інші автори: | Felman, Joshua |
Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2014.
|
Серія: | IMF Working Papers; Working Paper ;
No. 2014/225 |
Онлайн доступ: | Full text available on IMF |
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