Excess Savings Are Recession-Specific and Compensatory: Evidence From the US

Abstract There is a consensus among academics and policymakers that the excess savings built up by households during the past couple of years are specific to the pandemic. Based on data from the past half century for the US, this article shows that savings generally increase during recessions; the p...
Ausführliche Beschreibung

Gespeichert in:
Autor*in:

Voinea, Liviu [verfasserIn]

Loungani, Prakash

Format:

E-Artikel

Sprache:

Englisch

Erschienen:

2022

Anmerkung:

© The Author(s) 2022

Übergeordnetes Werk:

Enthalten in: Intereconomics - Berlin : Springer, 1966, 57(2022), 4 vom: Juli, Seite 233-237

Übergeordnetes Werk:

volume:57 ; year:2022 ; number:4 ; month:07 ; pages:233-237

Links:

Volltext

DOI / URN:

10.1007/s10272-022-1059-0

Katalog-ID:

SPR04777696X

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