of the deficit have been offered, and to varying degrees we believe that all may have played a role: low private saving … prominently: private saving in the US is low because income growth is expected to be strong. We rework the standard neoclassical …

In this paper we analyze the relationship between the perception of income as satisfying household needs and saving … relations between the income perception and the household saving rates shows that the perception of income affects both the … household observed and predicted saving rates. The research is based on the Household Budget Surveys data for Poland in 2008. …