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Measuring Savings

  • Mark Schreiner

    (Washington University in St. Louis)

Development depends on saving. But what exactly is saving, and how is it measured? This paper defines saving and describes several measures of financial savings. The measures account for the passage of time and for the three stages of saving: putting in (depositing), keeping in (maintaining a balance), and taking out (withdrawing). Together, the different measures capture how people move financial resources through time.

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File URL: http://128.118.178.162/eps/mic/papers/0108/0108004.pdf
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Paper provided by EconWPA in its series Microeconomics with number 0108004.

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Length: 30 pages
Date of creation: 02 Sep 2001
Date of revision: 27 Dec 2001
Handle: RePEc:wpa:wuwpmi:0108004
Note: Type of Document - Adobe Acrobat 3.0; prepared on Windows 98; to print on Adobe Acrobat 3.0; pages: 30 ; figures: Included in pdf file
Contact details of provider: Web page: http://128.118.178.162

References listed on IDEAS
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  1. James M. Poterba & Steven F. Venti, 1998. "Lump-Sum Distributions from Retirement Saving Plans: Receipt and Utilization," NBER Chapters, in: Inquiries in the Economics of Aging, pages 85-108 National Bureau of Economic Research, Inc.
  2. Andrew A. Samwick & Jonathan Skinner, 1996. "Abandoning the Nest Egg? 401(k) Plans and Inadequate Pension Saving," NBER Working Papers 5568, National Bureau of Economic Research, Inc.
  3. Golan, Amos & Judge, George G. & Miller, Douglas, 1996. "Maximum Entropy Econometrics," Staff General Research Papers 1488, Iowa State University, Department of Economics.
  4. Schultz, Theodore W, 1980. "Nobel Lecture: The Economics of Being Poor," Journal of Political Economy, University of Chicago Press, vol. 88(4), pages 639-51, August.
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