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010   $a1-282-84405-9
010   $a9786612844058
010   $a1-4527-7932-5
035   $a(CKB)3170000000055345
035   $a(SSID)ssj0001476207
035   $a(PQKBManifestationID)11847412
035   $a(PQKBTitleCode)TC0001476207
035   $a(PQKBWorkID)11442151
035   $a(PQKB)10026376
035   $a(OCoLC)694141007
035   $a(MiAaPQ)EBC1608820
035   $a(IMF)WPIEE2009197
035   $a(EXLCZ)993170000000055345
100   $a20020129d2009      uf             0
101 0 $aeng
135   $aurcn|||||||||
181   $ctxt
182   $cc
183   $acr
200 10$aFrugality : $eAre We Fretting Too Much? Household Saving and Assets in the United States /$fEvan Tanner, Yasser Abdih
210  1$aWashington, D.C. :$cInternational Monetary Fund,$d2009.
215   $a51 p. $cill
225 1 $aIMF Working Papers
300   $a"Middle East and Central East Department ; IMF Institute".
300   $a"September 2009".
311   $a1-4519-1767-8 
320   $aIncludes bibliographical references.
330 3 $aHousehold savings rates in the United States have recently crept up from all-time lows. Some have suggested that a shift toward frugality will hamper GDP growth-the Keynesian "paradox of thrift." We estimate that households compensate for a fall in their asset income by saving more out of their labor income, dollar-for-dollar. In the wake of the crisis, our model predicts that such primary savings will increase, but only temporarily and modestly, as household assets stabilize. As savings flows gradually accumulate, they help rebuild corporate net worth and hence firms' capacity to make capital investments. A timely return to pre-crisis levels of capital investment would require that U.S. households save substantially more than the model predicts, starting now. Hence, we should fret that our savings rates may be too low.
410  0$aIMF Working Papers; Working Paper ;$vNo. 2009/197
606   $aSaving and investment$zUnited States$xEconometric models
606   $aIncome$zUnited States$xEconometric models
606   $aWealth$zUnited States$xEconometric models
606   $aInvestments: Stocks$2imf
606   $aMacroeconomics$2imf
606   $aPersonal Income, Wealth, and Their Distributions$2imf
606   $aAggregate Factor Income Distribution$2imf
606   $aMacroeconomics: Consumption$2imf
606   $aSaving$2imf
606   $aWealth$2imf
606   $aPension Funds$2imf
606   $aNon-bank Financial Institutions$2imf
606   $aFinancial Instruments$2imf
606   $aInstitutional Investors$2imf
606   $aInvestment & securities$2imf
606   $aDisposable income$2imf
606   $aIncome$2imf
606   $aConsumption$2imf
606   $aPersonal income$2imf
606   $aStocks$2imf
606   $aNational income$2imf
606   $aEconomics$2imf
607   $aUnited States$2imf
615  0$aSaving and investment$xEconometric models.
615  0$aIncome$xEconometric models.
615  0$aWealth$xEconometric models.
615  7$aInvestments: Stocks
615  7$aMacroeconomics
615  7$aPersonal Income, Wealth, and Their Distributions
615  7$aAggregate Factor Income Distribution
615  7$aMacroeconomics: Consumption
615  7$aSaving
615  7$aWealth
615  7$aPension Funds
615  7$aNon-bank Financial Institutions
615  7$aFinancial Instruments
615  7$aInstitutional Investors
615  7$aInvestment & securities
615  7$aDisposable income
615  7$aIncome
615  7$aConsumption
615  7$aPersonal income
615  7$aStocks
615  7$aNational income
615  7$aEconomics
700   $aTanner$b Evan$01464144
701   $aAbdih$b Yasser$01462111
712 02$aInternational Monetary Fund.$bMiddle East and Central Asia Dept.
712 02$aIMF Institute.
801  0$bDcWaIMF
906   $aBOOK
912   $a9910788227303321
996   $aFrugality$93741577
997   $aUNINA