Kopcke, Richard W.; Munnell, Alicia H.; Cook, Leah M. - In: New England Economic Review (1991) Nov, pp. 3-16
The rate of national saving declined sharply in the 1980s. Some of the explanations for this puzzling performance have considered the influence of capital gains, a reduction in the need for precautionary saving, a decline in the need for retirement saving, the effect of slower income growth, and...
