Fiscal Policy and the Saving Glut of the Rich
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Since the 1980s, the United States has experienced a pronounced saving glut of the rich, a large accumulation of assets among the top 1% of earners. We argue that this development partly reflects a shift in the financing of redistributive policies, from inflationary finance in the 1960s and 1970s to
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美国国家经济研究局创建时间：
2026-09-01
