Working Papers

1990

 

November 1990, No. 90-9

Measures of Savings as Indicators of Economic Growth

William E. Cullison

This paper contends that National Income Accounts (NIA) saving rates have been sending out misleading signals about the U.S. economy in the 1980s.  The individuals' saving rate from the flow-of-funds accounts (FFA) is shown to be a much better indicator of resources available for future economic growth.

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