The past decade has witnessed a decline in saving throughout the
developed world—the United States has the dubious distinction of
leading the way. The consequences can be serious. For individuals,
their own economic security and that of their families is jeopardized.
For society, inadequate rates of saving have been blamed for a variety
of ills—decreasing the competitive abilities of American industry,
slowing capital accumulation, increasing our trade deficit, and
forcing the sale of capital stock to foreign investors at bargain
prices. Restoring acceptable rates of saving in the United States
poses a major challenge to those who formulate national economic
policy, especially since economists and policymakers alike still
understand little about what motivates people to save. In National
Saving and Economic Performance, edited by B. Douglas Bernheim and
John B. Shoven, that task is addressed by offering the results of new
research, with recommendations for policies aimed to improve saving.
Leading experts in diverse fields of economics debate the need for
more accurate measurement of official saving data; examine how
corporate decisions to retain or distribute earnings affect
household-level consumption and saving; and investigate the effects of
taxation on saving behavior, correlations between national saving and
international investment over time, and the influence of economic
growth on saving. Presenting the most comprehensive and up-to-date
research on saving, this volume will benefit both academic and
government economists.
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Produktdetaljer
ISBN
9780226044354
Publisert
2018
Utgave
1. utgave
Utgiver
Vendor
University of Chicago Press
Språk
Product language
Engelsk
Format
Product format
Digital bok