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The decline in U.S. saving and its implications for economic growth


  • Ethan S. Harris
  • Charles Steindel


The authors document the trends in U.S. saving during the 1980s, giving particular attention to those measures of saving that gauge the growth of productive assets. They go on to assess the effects of these developments on capital formation and the nation's long-term economic potential.

Suggested Citation

  • Ethan S. Harris & Charles Steindel, 1990. "The decline in U.S. saving and its implications for economic growth," Quarterly Review, Federal Reserve Bank of New York, vol. 15(Win), pages 1-19.
  • Handle: RePEc:fip:fednqr:y:1990:i:win:p:1-19:n:v.15no.3-4

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    Cited by:

    1. Charles Steindel, 1995. "Chain-weighting: the new approach to measuring GDP," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 1(Dec).
    2. Keith M. Carlson, 1991. "The U.S. balance sheet: what is it and what does it tell us?," Review, Federal Reserve Bank of St. Louis, issue Sep, pages 3-18.
    3. Steven M. Fazzari, "undated". "The Investment-Finance Link, Investment and U.S. Fiscal Policy in the 1990s," Economics Public Policy Brief Archive 9, Levy Economics Institute.


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