The Real Indicator of Economic Health: The Rewards for Savings. The U.K. example
AbstractEconomic Growth is only a result indicator: the result of how a society combines savings with the available manpower. The real indicator of economic health is whether such economic growth is combined with an increase in households' net worth.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 40446.
Date of creation: 30 Jul 2012
Date of revision:
economic growth; households' net worth; pension dividend. savers renumeration; quantitative easing; financial markets borrowings;
Find related papers by JEL classification:
- E21 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- E20 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
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