 | Dissecting Saving Dynamics: Measuring Wealth, Precautionary, and Credit Effects : Measuring Wealth, Precautionary, and Credit Effects Release Date:September, 2012 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) can all more...
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