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...

全面介绍

书目详细资料
主要作者: Bakker, Bas
其他作者: Felman, Joshua
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2014.
丛编:IMF Working Papers; Working Paper ; No. 2014/225
在线阅读:Full text available on IMF