IDEAS home Printed from https://ideas.repec.org/p/fip/fedrwp/90-09.html
   My bibliography  Save this paper

Measures of saving as indicators of economic growth

Author

Listed:
  • William E. Cullison

Abstract

This paper contends that National Income Accounts (NIA) saving rates have been sending out misleading signals about the U.S. economy in the 1980s. The individuals' saving rate from the flow-of-funds accounts (FFA) is shown to be a much better indicator of resources available for future economic growth.

Suggested Citation

  • William E. Cullison, 1990. "Measures of saving as indicators of economic growth," Working Paper 90-09, Federal Reserve Bank of Richmond.
    • Handle: RePEc:fip:fedrwp:90-09
    as

    Download full text from publisher

    File URL: http://www.richmondfed.org/publications/research/working_papers/1990/wp_90-9.cfm
    Download Restriction: no
    File URL: https://www.richmondfed.org/-/media/RichmondFedOrg/publications/research/working_papers/1990/pdf/wp90-9.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Fred Block, 1990. "Bad Data Drive Out Good: The Decline of Personal Savings Reexamined," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 13(1), pages 3-19, September.
    2. David Alan Aschauer, 1989. "Public investment and productivity growth in the Group of Seven," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 13(Sep), pages 17-25.
    3. Hirotugu Akaike, 1969. "Fitting autoregressive models for prediction," Annals of the Institute of Statistical Mathematics, Springer;The Institute of Statistical Mathematics, vol. 21(1), pages 243-247, December.
    4. Robert Eisner, 1991. "The Real Rate Of U.S. National Saving," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 37(1), pages 15-32, March.
    5. William E. Cullison, 1990. "Is saving too low in the United States?," Economic Review, Federal Reserve Bank of Richmond, vol. 76(May), pages 20-35.
    6. Eisner, Robert, 1989. "The Total Incomes System of Accounts," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226196381, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. WILLIAM E. Cullison, 1993. "Saving Measures As Economic Growth Indicators," Contemporary Economic Policy, Western Economic Association International, vol. 11(1), pages 1-8, January.
    2. William E. Cullison, 1990. "Is saving too low in the United States?," Economic Review, Federal Reserve Bank of Richmond, vol. 76(May), pages 20-35.
    3. Wynne, Mark A., 1996. "Balanced budget multipliers," Journal of Macroeconomics, Elsevier, vol. 18(2), pages 197-211.
    4. Campos, Eduardo Lima & Cysne, Rubens Penha, 2017. "A time-varying fiscal reaction function for Brazil," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 795, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    5. Rodrigo Hakim das Neves, 2020. "Bitcoin pricing: impact of attractiveness variables," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 6(1), pages 1-18, December.
    6. Asghar, Zahid & Abid, Irum, 2007. "Performance of lag length selection criteria in three different situations," MPRA Paper 40042, University Library of Munich, Germany.
    7. Kathryn M. Dominguez, 1991. "Do Exchange Auctions Work? An Examination of the Bolivian Experience," NBER Working Papers 3683, National Bureau of Economic Research, Inc.
    8. Andreas Stephan, 1997. "The Impact of Road Infrastructure on Productivity and Growth: Some Preliminary Results for the German Manufacturing Sector," CIG Working Papers FS IV 97-47, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    9. Huffman, Wallace, 2004. "Marketizing U.S. Production in the Post-War Era: Implications for Estimating CPI Bias and Real Income from a Complete-Household-Demand System," Staff General Research Papers Archive 11987, Iowa State University, Department of Economics.
    10. Bin Liu & Weifeng Chen & Bo Li & Xiuping Liu, 2022. "Neural Subspace Learning for Surface Defect Detection," Mathematics, MDPI, vol. 10(22), pages 1-16, November.
    11. Jacint Balaguer & Manuel Cantavella-Jorda, 2004. "Structural change in exports and economic growth: cointegration and causality analysis for Spain (1961-2000)," Applied Economics, Taylor & Francis Journals, vol. 36(5), pages 473-477.
    12. Depta, Peter & Ravalli, Frank & Harding, Don, 1994. "Extended Measures of Investment and Saving," MPRA Paper 3319, University Library of Munich, Germany.
    13. Muhammad Farooq Arby & Amjad Ali, 2017. "Threshold Inflation in Pakistan," SBP Research Bulletin, State Bank of Pakistan, Research Department, vol. 13, pages 1-19.
    14. Ramona Dumitriu & Razvan Stefanescu, 2015. "The Relationship Between Romanian Exports And Economic Growth After The Adhesion To European Union," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 17-26.
    15. David F. Hendry & Hans-Martin Krolzig, 2005. "The Properties of Automatic "GETS" Modelling," Economic Journal, Royal Economic Society, vol. 115(502), pages C32-C61, 03.

    More about this item

    Keywords

    Saving and investment;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedrwp:90-09. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christian Pascasio (email available below). General contact details of provider: https://edirc.repec.org/data/frbrius.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.