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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Bakker, Bas
Muut tekijät: Felman, Joshua
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2014.
Sarja:IMF Working Papers; Working Paper ; No. 2014/225
Linkit:Full text available on IMF