DOI
10.1016/j.econlet.2022.110806
Abstract
Revisions to the U.S. personal saving rate are very large and may be predictable. We decompose the revisions of the personal saving rate into those caused by revisions to income and those caused by revisions to household outlays. We use our findings to explore the forecastability of future revisions of the personal saving rate.
Document Type
Article
Publication Date
10-2022
Publisher Statement
© 2022 Elsevier B.V. All rights reserved
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Recommended Citation
Croushore, Dean and Pedro Del Monaco Santos. “The Personal Saving Rate: Data Revisions and Forecasts,” Economics Letters, 219, October 2022.