This Selected Issues paper analyzes the United Stateâ€™s (U.S.) household savings role in supporting the U.S. recovery; and focuses on the market for single-family housing, and the importance for household balance sheets. It discusses the underfunding of corporate pension plans, macroeconomic, and policy implications; the U.S. fiscal position, and reviews the causes of the fiscal crisis. It examines the impact of energy shocks, energy policy, and the taxation role. It analyzes the growth in linkages between the United States and other G-7 countries, and the regional and bilateral trade links issues.
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Paper provided by International Monetary Fund in its series IMF Staff Country Reports
Date of creation:
05 Aug 2003Date of revision:
Contact details of provider:
Postal: International Monetary Fund, Washington, DC USA
Phone: (202) 623-7000
Fax: (202) 623-4661
Web page: http://www.imf.org/external/pubind.htm
More information through EDIRC
Related researchKeywords: Article IV consultations
; Selected issues
; personal saving
; household wealth
; personal saving rate
; household net wealth
; consumer durables
; disposable income
; personal disposable income
; labor income
; personal saving rates
; household consumption
; determinants of consumption
; permanent income
; capital consumption
; household net worth
; price deflator
; consumption data
; income growth
; consumption behavior
; consumption equation
; household income
; permanent income hypothesis
; consumer credit
; consumption expenditures
; consumption model
; consumption demand
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