Work

The Decline in the U.S. Personal Saving Rate: Is It Real and Is It a Puzzle?

Year: 2007

Type: article

Abstract: Since the mid-1990s, the national income and product accounts personal saving rate for the United States has been trending down, dropping into negative territory for three months during the past two years. This article examines measurement problems surrounding two of the standard definitions of the personal saving rate.

DOI: 10.20955/r.89.491-514

Authors: Massimo Guidolin, Elizabeth A. La Jeunesse

Language: English

Topic: Financial Literacy, Pension, Retirement Analysis

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: gold

OpenAlex ID: W4241125225

FWCI: 4.617

Cites: 44

Cited by: 17

Related to: 10