| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27179 |
| 来源ID | Working Paper 27179 |
| Savings and Saving Rates: Up or Down? | |
| Guillermo Ordoñez; Facundo Piguillem | |
| 发表日期 | 2020-05-18 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | It depends what we want to measure. Most literature has focused on observed flow of savings (per-period savings as fraction of GDP), which has declined persistently since 1980. Even though this decline means that fewer funds are available for investment in each period, it does not follow that the households’ actual savings (underlying, not observed, savings determined by dynamic optimization) also go down. We theoretically link these two concepts, discuss the conditions under which they move in opposite directions, and show that indeed the actual savings has sharply increased since 1980. |
| 主题 | Macroeconomics ; Consumption and Investment ; Financial Economics |
| URL | https://www.nber.org/papers/w27179 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584852 |
| 推荐引用方式 GB/T 7714 | Guillermo Ordoñez,Facundo Piguillem. Savings and Saving Rates: Up or Down?. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w27179.pdf（1625KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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