More household savings offset increased government borrowing since 2008
Jonathan Davis
Dallas Fed Economics from Federal Reserve Bank of Dallas
Abstract:
Large government budget deficits over the past 15 years have led to a large increase in the stock of government debt. But these government deficits have been matched by an increase in U.S. household savings.
Keywords: government debt; Household saving; international economics; United States (search for similar items in EconPapers)
Date: 2024-11-26
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:99215
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