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Cataloged Resource Summary

 

Title

Saving

Author

Laurence J. Kotlikoff

Category

Macroeconomics and Monetary Economics

Type

Article

Description

To economists, saving means consuming less in the present in order to consume more in the future. This article discusses motives for saving, economic growth and demographic change, labor-supply decisions, economic policy, alternative explanations of the recent decline in U.S. saving, and the implications of low saving for baby boomers.

URL

http://www.econlib.org/library/Enc/Saving.html
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