IDEAS home Printed from https://ideas.repec.org/a/fip/fedrer/y1990imayp20-35nv.76no.3.html
   My bibliography  Save this article

Is saving too low in the United States?

Author

Listed:
  • William E. Cullison

Abstract

Many observers contend that the U.S. savings rate has declined in recent years and that it lags behind the savings rates of our trading partners. This article surveys different methods of measuring savings (and problems with these methods) and finds that U.S. saving may not be as low as is popularly believed.

Suggested Citation

  • William E. Cullison, 1990. "Is saving too low in the United States?," Economic Review, Federal Reserve Bank of Richmond, vol. 76(May), pages 20-35.
    • Handle: RePEc:fip:fedrer:y:1990:i:may:p:20-35:n:v.76no.3
    as

    Download full text from publisher

    File URL: https://fraser.stlouisfed.org/title/economic-quarterly-federal-reserve-bank-richmond-960/may-june-1990-477360?page=18
    File Function: Full Text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Martin Feldstein, 1989. "Tax Policies For the 1990's: Personal Saving, Business Investment, and Corporate Debt," NBER Working Papers 2837, National Bureau of Economic Research, Inc.
    2. Michael J. Boskin & Marc Robinson & Alan Huber, 1989. "Government Saving, Capital Formation, and Wealth in the United States, 1947-85," NBER Chapters, in: The Measurement of Saving, Investment, and Wealth, pages 287-356, National Bureau of Economic Research, Inc.
    3. David Alan Aschauer, 1989. "Public investment and productivity growth in the Group of Seven," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 13(Sep), pages 17-25.
    4. Mincer, Jacob & Higuchi, Yoshio, 1988. "Wage structures and labor turnover in the United States and Japan," Journal of the Japanese and International Economies, Elsevier, vol. 2(2), pages 97-133, June.
    5. Robert E. Lipsey & Irving B. Kravis, 1987. "Is the U.S. a Spendthrift Nation?," NBER Working Papers 2274, National Bureau of Economic Research, Inc.
    6. John A. Tatom, 1989. "U.S. investment in the 1980s: the real story," Review, Federal Reserve Bank of St. Louis, issue Mar, pages 3-15.
    7. Abramovitz, Moses, 1990. "The Catch-Up Factor in Postwar Economic Growth," Economic Inquiry, Western Economic Association International, vol. 28(1), pages 1-18, January.
    8. Robert N. McCauley & Steven A. Zimmer, 1989. "Explaining international differences in the cost of capital," Quarterly Review, Federal Reserve Bank of New York, vol. 14(Sum), pages 7-28.
    9. Eisner, Robert, 1989. "The Total Incomes System of Accounts," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226196381, October.
    10. Dale Jorgenson & Barbara M. Fraumeni, 1989. "The Accumulation of Human and Nonhuman Capital, 1948-84," NBER Chapters, in: The Measurement of Saving, Investment, and Wealth, pages 227-286, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. William E. Cullison, 1990. "Measures of saving as indicators of economic growth," Working Paper 90-09, Federal Reserve Bank of Richmond.
    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.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bradford, D.F., 1990. "What Is National Saving?: Alternative Measures In Historical And International Context," Papers 54, Princeton, Woodrow Wilson School - Discussion Paper.
    2. Roy H. Webb, 1993. "Personal saving behavior and real economic activity," Economic Quarterly, Federal Reserve Bank of Richmond, issue Spr, pages 68-94.
    3. Tao, Hung-Lin & Stinson, Thomas F., 1997. "An Alternative Measure of Human Capital Stock," Bulletins 7466, University of Minnesota, Economic Development Center.
    4. William E. Cullison, 1990. "Measures of saving as indicators of economic growth," Working Paper 90-09, Federal Reserve Bank of Richmond.
    5. van de Klundert, T.C.M.J. & Smulders, J.A., 1991. "Reconstructing growth theory : A survey," Other publications TiSEM 19355c51-17eb-4d5d-aa66-b, Tilburg University, School of Economics and Management.
    6. Stephen Nickell & John Van Reenen, 2001. "Technological Innovation and Performance in the United Kingdom," CEP Discussion Papers dp0488, Centre for Economic Performance, LSE.
    7. Andrés Rodríguez-Pose & Fabrice Comptour, 2010. "Do clusters generate greater innovation and growth? An analysis of European regions," Working Papers 2010-15, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
    8. Palacios-Huerta, Ignacio, 2001. "The human capital of stockholders and the international diversification puzzle," Journal of International Economics, Elsevier, vol. 54(2), pages 309-331, August.
    9. Ishida, Junichiro, 2004. "Signaling and strategically delayed promotion," Labour Economics, Elsevier, vol. 11(6), pages 687-700, December.
    10. Zhang, Xiaobei & Wang, Xiaojun, 2021. "Measures of human capital and the mechanics of economic growth," China Economic Review, Elsevier, vol. 68(C).
    11. Robert Östling & Erik Lindqvist & David Cesarini & Joseph Briggs, 2016. "Wealth, Portfolio Allocations, and Risk Preference," 2016 Meeting Papers 1089, Society for Economic Dynamics.
    12. Katarzyna Andrzejczak, 2017. "Conditions For Technology Transfer In The Agriculture Of Congo Republic," Journal of Agribusiness and Rural Development, University of Life Sciences, Poznan, Poland, vol. 43(01), March.
    13. Giorgio Bellettini & Carlotta Berti Ceroni, 1999. "Is Social Security Really Bad for Growth?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 2(4), pages 796-819, October.
    14. Kenjiro Hirata & Ayako Suzuki & Katsuya Takii, 2016. "Does Managerial Experience in a Target Firm Matter for the Retention of Managers after M&As?," Working Papers e108, Tokyo Center for Economic Research.
    15. Miyamoto, Hiroaki, 2011. "Cyclical behavior of unemployment and job vacancies in Japan," Japan and the World Economy, Elsevier, vol. 23(3), pages 214-225.
    16. Carol A. Corrado & Charles R. Hulten, 2014. "Innovation Accounting," NBER Chapters, in: Measuring Economic Sustainability and Progress, pages 595-628, National Bureau of Economic Research, Inc.
    17. Hanno Lustig & Stijn Van Nieuwerburgh & Adrien Verdelhan, 2013. "The Wealth-Consumption Ratio," The Review of Asset Pricing Studies, Society for Financial Studies, vol. 3(1), pages 38-94.
    18. Hartwick, John M., 1997. "On imputing for financial services in the national accounts," Economics Letters, Elsevier, vol. 56(1), pages 63-70, September.
    19. Everaert, Gerdie & Heylen, Freddy, 2001. "Public capital and productivity growth: evidence for Belgium, 1953-1996," Economic Modelling, Elsevier, vol. 18(1), pages 97-116, January.
    20. Ann P. Bartel & Nachum Sicherman, 1999. "Technological Change and Wages: An Interindustry Analysis," Journal of Political Economy, University of Chicago Press, vol. 107(2), pages 285-325, April.

    More about this item

    Keywords

    Saving and investment; Consumer behavior;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedrer:y:1990:i:may:p:20-35:n:v.76no.3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christian Pascasio (email available below). General contact details of provider: https://edirc.repec.org/data/frbrius.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.