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Why Do the Rich Save So Much?

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NBER1998-05-01 更新2025-01-04 收录
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This paper considers several alternative explanations for the fact that households with higher levels of lifetime income ( the rich') have higher lifetime saving rates (Dynan, Skinner, and Zeldes (1996); Lillard and Karoly (1997)). The paper argues that the saving behavior of the richest households

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1998-05-01
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