Personal Saving Rate: Delayed Consumption
What happens to income that households do not spend? This DataPost entry considers savings and how deferred spending relates to interest rates and inflation.
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Williams, John C. 2013. "The Economy and the Federal Reserve: Real Progress, but Too Soon to Relax." Speech presented to Town Hall Los Angeles, Los Angeles, CA (April 3).
Glick, Reuven and Kevin J. Lansing. 2011. "Consumers and the Economy, Part I: Household Credit and Personal Saving." FRBSF Economic Letter 2011-01 (January 10).
"Are 401k and IRA contributions included in the national savings rate, and if so, how is this calculated?" Dr. Econ series, FRBSF (August 2005).