Were Small–Town New Yorkers Life–Cycle Savers?
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Theories of household saving, including the life cycle hypothesis, posit that households add or draw down wealth to equalize the value of consumption over time. This article examines the extent to which latenineteenthcentury, smalltown Americans accumulated financial assets consistent with the life
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美国国家经济研究局创建时间：
2021-05-01
