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Dissecting Saving Dynamics : Measuring Wealth, Precautionary, and Credit Effects
Author/Editor: Christopher Carroll, Martin Sommer, Jiri Slacalek.
Release Date: September, 2012Price: $18.00
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) more...
Innocent Bystanders? Monetary Policy and Inequality in the U.S.
Author/Editor: Olivier Coibion, Yuriy Gorodnichenko, Lorenz Kueng, John Silvia.
Release Date: August, 2012Price: $18.00
We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary monetary policy actions systematically more...
The Role of Structural Reforms in Raising Economic Growth in Central America
Author/Editor: Andrew Swiston, Luis Barrot.
Release Date: October, 2011Price: $18.00
Central America experienced moderate growth during the last decade, including in the years leading up to the global financial crisis, but the rate of convergence toward advanced country income levels more...
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