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Savings and Saving Rates: Up or Down?

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NBER2020-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w27179
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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
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2020-05-01
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