Spendthrift in America? On Two Decades of Decline in the U.S. Saving Rate
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During the past two decades, the personal saving rate in the United States has fallen from eight percent to below zero. This paper demonstrates that this change represents a major shift in the allocation of newly produced goods. The share of GDP that households consume rose by 6 percentage points
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美国国家经济研究局创建时间：
1999-07-01
