of the income distribution, which we call the saving glut of the rich. The saving glut of the rich has been as large as … financial asset by the household sector. Since the Great Recession, the saving glut of the rich has been financing government …Rising income inequality since the 1980s in the United States has generated a substantial increase in saving by the top …

Using a lifecycle model of consumption, saving and portfolio choice combined with linked survey and administrative data …

In this paper we use Norwegian tax data and a novel natural experiment to isolate the impact of job loss risk on saving … for intersectoral linkages and lower demand from affected industries, consistent with the household demand channel of …