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The Saving Glut of the Rich

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NBER2020-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26941
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This paper develops a new unveiling methodology to trace distributional household saving through the financial system and applies it to tax records from 1963 to 2019. Since the 1980s, saving by the top 1% has surged, creating a saving glut of the rich comparable in scale to the global saving glut
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2020-04-01
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