1. Does it include monthly equity bought in homes that have mortgages.
2. Does it include 401k and 401b contributions.
3. If we posit an accounting identity between S and I how do we get any I going on in the US under negavtive household savings--corporate retained earnings, or foreign investment? I find it difficult to believe that household savings really are negative as reported, unless some important exclusions are made. -gn
-- Gregory P. Nowell Associate Professor Department of Political Science, Milne 100 State University of New York 135 Western Ave. Albany, New York 12222
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