Why Is the Household Saving Rate So Low?

Author / Creator

Library of Congress. Congressional Research Service

Available as

Online

Summary

Discusses and assesses possible causes for decline in household saving since 1990. Explains how household saving is measured, and describes how saving varies across income distribution. Discusses h...

Discusses and assesses possible causes for decline in household saving since 1990. Explains how household saving is measured, and describes how saving varies across income distribution. Discusses how asset value appreciation can affect household saving behavior, and assesses what decline in the household saving rate means with respect to retirement security and the national economy.

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