Working Paper

Measures of saving as indicators of economic growth


Abstract: This paper contends that National Income Accounts (NIA) saving rates have been sending out misleading signals about the U.S. economy in the 1980s. The individuals' saving rate from the flow-of-funds accounts (FFA) is shown to be a much better indicator of resources available for future economic growth.

Keywords: Saving and investment;

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Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Working Paper

Publication Date: 1990

Number: 90-09