NIPA question

Christian Gregory christian11 at mindspring.com
Sat Jan 26 17:13:22 PST 2002


I was wondering, as I was recently perusing the NIPA tables, about measures of private saving. If you discount capital consumption, this would put US saving at roughly 3% in the most recent quarter, which I can believe. But a quick glance at older numbers didn't indicate the lack of private saving that Wynne Godley, for example, once talked about. I'm wondering how one might derive a meaningful measure of private saving from the NIPA tables. Any help greatly appreciated.

Christian



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