An update on Excess Savings in Selected Advanced Economies

François de Soyres, Dylan Moore and Julio L. Ortiz
Additional contact information
Julio L. Ortiz: https://www.federalreserve.gov/econres/julio-l-ortiz.htm

No 2023-12-15-3, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: In a previous FEDS Note, de Soyres, Moore, and Ortiz (2023), we conducted a comparison of household excess savings across advanced and emerging economies over different historical episodes. In that analysis, we found that the stock of excess savings accumulated during the pandemic in the U.S. was exhausted by 2023Q1, while other advanced economies were not expected to deplete their excess reserve until late in 2023.

Date: 2023-12-15
New Economics Papers: this item is included in nep-his
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.federalreserve.gov/econres/notes/feds- ... nomies-20231215.html (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2023-12-15-3

DOI: 10.17016/2380-7172.3426

Access Statistics for this paper

More papers in FEDS Notes from Board of Governors of the Federal Reserve System (U.S.) Contact information at EDIRC.
Bibliographic data for series maintained by Ryan Wolfslayer ; Keisha Fournillier ().