The Decline in U.S. Saving and Its Implications for Economic Growth

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Quarterly Review

The Decline in U.S. Saving and Its Implications for Economic Growth

Winter 1991 Volume 15, Number 3-4

Authors: Ethan S. Harris and Charles Steindel

The authors document the trends in U.S. saving during the 1980s, giving particular attention to those measures of saving that gauge the growth of productive assets. They go on to assess the effects of these developments on capital formation and the nation's long-term economic potential.

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19 pages / 1,708 kb

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