Gokhale, Jagadeesh; Kotlikoff, Laurence J.; Sabelhaus, John - Federal Reserve Bank of Cleveland - 1995
An analysis of the postwar decline in U.S. national saving that decomposes changes in the net national saving rate into those due to changes in cohort-specific consumption propensities, the intergenerational distribution of resources, the rate of government spending, and demographics. ; A review...