Examines the savings rate as a function of disposable personal income in the 1980s.
Written in 1992; 1,350 words; 4 sources; $ 47.95
From the Paper:
"PERSONAL SAVINGS IN THE UNITED STATES
This research examines the personal savings rate in the United States as a function of disposable personal income. Additionally, this research addresses the issue of the differences in the rate of personal savings in the United States and that in other industrial economies.
The personal savings rate is defined as the proportion of disposable personal income that is not devoted to personal outlays.. Disposable personal income is defined as personal income less personal tax and personal non-tax payments.. Personal outlays are defined as the total of personal consumption expenditures, interest paid by consumers to businesses, and net personal transfer payments to foreigners.. Personal income includes all wage and salary disbursements, other labor ..."
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