This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window

Journal of Economic Perspectives: Vol. 7 No. 2 (Spring 1993)

JEP Volume. 7, Issue 2 | leftPrevious ArticleNext Articleright

Expand

Quick Tools:

Print Article Summary Email Link to this Article Export Citation
Sign up for Email Alerts Follow us on Twitter

Explore:

JEP - All Issues


Accounting for Saving and Capital Formation in the United States, 1947-1991

Article Citation

Ruggles, Richard. 1993. "Accounting for Saving and Capital Formation in the United States, 1947-1991." Journal of Economic Perspectives, 7(2): 3-17.

DOI: 10.1257/jep.7.2.3

Abstract

This paper is concerned with accounting for the saving and capital formation taking place in different sectors of the U.S. economy. In brief, where does saving arise and where is it used? Do some sectors save more than they spend for capital formation and thus are net lenders? Do other sectors save less than is required for their capital formation and thus are net borrowers? The U.S. national income accounts contain the basic data relating to these questions. However, at several points, these data must be recast in order to yield analytically useful results. When such a reformulation is made, the conclusions that can be drawn differ strikingly from much of the currently received conventional wisdom.

Article Full-Text Access

Full-text Article (Complimentary)

Authors

Ruggles, Richard (Yale U)

JEL Classifications

E22: Capital; Investment; Capacity
E21: Macroeconomics: Consumption; Saving; Wealth
E10: General Aggregative Models: General
N12: Economic History: Macroeconomics; Growth and Fluctuations: U.S.; Canada: 1913-

Comments

View Comments on This Article (0) | Login to post a comment


Journal of Economic Perspectives



AEA Member Login:


Quick Tools:

Email Link to this Issue

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

JEP - All Issues

AEA Journals

Virtual Field Journals

AEAweb | AEA Journals | Contact Us