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 |
