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More household savings offset increased government borrowing since 2008
Abstract: Large government budget deficits over the past 15 years have led to a large increase in the stock of government debt. But these government deficits have been matched by an increase in U.S. household savings.
Keywords: government debt; Household saving; international economics; United States;
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https://www.dallasfed.org/research/economics/2024/1126
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Provider: Federal Reserve Bank of Dallas
Source: Dallas Fed Economics
Publication Date: 2024-11-26