Understanding the Postwar Decline in U.S. Saving: A Cohort Analysis

Brookings Papers on Economic Activity

Volumn , Issue 1, 1996, Pages 315-407

  Gokhale, Jagadeesh ^a   Kotlikoff, Laurence J ^a   Sabelhaus, John ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0344935381     PISSN: 00072303     EISSN: None     Source Type: Journal    
DOI: 10.2307/2534650     Document Type: Article

References (21)

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2. Altonji, Joseph G., Fumio Hayashi, and Laurence J. Kotlikoff. 1992. "Is the Extended Family Altruistically Linked? Direct Tests Using Micro Data." American Economic Review 82(5): 1177-98.
3. _. 1995. "Parental Altruism and Inter Vivos Transfers: Theory and Evidence." Working Paper 5378. Cambridge, Mass.: National Bureau of Economic Research (December).
4. Ando, Albert, and Franco Modigliani. 1963. "The 'Life Cycle' Hypothesis of Saving: Aggregate Implications and Tests." American Economic Review 53(1): 55-84.
5. Attanasio, Orazio P. 1993. "A Cohort Analysis of Saving Behavior by U.S. Households." Working Paper 4454. Cambridge, Mass.: National Bureau of Economic Research (September).
6. Auerbach, Alan J., and Laurence J. Kotlikoff. 1994. "The U.S. Fiscal and Savings Crises and Their Impact for Baby Boomers." In Retirement in the 21st Century . . . Ready or Not . . ., edited by Dallas L. Salisbury and Nora Super Jones. Washington: Employee Benefit Research Institute.
7. Auerbach, Alan J., Laurence J. Kotlikoff, and David N. Weil. 1992. "The Increasing Annuitization of the Elderly - Estimates and Implications for Intergenerational Transfers, Inequality, and National Saving." Working Paper 4182. Cambridge, Mass.: National Bureau of Economic Research (October).
8. Auerbach, Alan J., and others. 1995. "The Annuitization of Americans' Resources: A Cohort Analysis." Working paper 5089. Cambridge, Mass.: National Bureau of Economic Research (April).
9. Bernheim, B. Douglas. 1993. "Is the Baby Boom Generation Preparing Adequately for Retirement?" Summary report prepared for Merrill Lynch and Co., Inc. (January).
10. Boskin, Michael J., and Lawrence J. Lau. 1988a. "An Analysis of Postwar U.S. Consumption and Saving: Part I The Model and Aggregation." Working Paper 2605. Cambridge, Mass.: National Bureau of Economic Research (June).
11. _. 1988b. "An Analysis of U.S. Postwar Consumption and Saving: Part II Empirical Results." Working Paper 2606. Cambridge, Mass.: National Bureau of Economic Research (June).
12. Bosworth, Barry, Gary Burtless, and John Sabelhaus. 1991. "The Decline in Saving: Evidence from Household Surveys." BPEA, 1:1991, 183-241.
13. Carroll, Christopher D. 1992. "The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence." BPEA, 2:1992, 61-135.
14. Cutler, David M., and others. 1990. "An Aging Society: Opportunity or Challenge?" BPEA, 1:1990, 1-56.
15. Deaton, Angus. 1992. Understanding Consumption. Oxford: Clarendon Press.
16. Hayashi, Fumio, Joseph Altonji, and Laurence J. Kotlikoff. 1996. "Risk-Sharing Between and Within Families." Econometrica 64(2): 261-94.
17. Kotlikoff, Laurence J. 1993. "From Deficit Delusion to the Fiscal Balance Rule: Looking for an Economically Meaningful Way to Assess Fiscal Policy." Journal of Economics, supplement 7: 17-41.
18. Kotlikoff, Laurence J., and Avia Spivak. 1981. "The Family as an Incomplete Annuities Market." Journal of Political Economy 89(2): 372-91.
19. McClellan, Mark, and Jonathan Skinner. 1996. "The Distribution of Medicare Benefits: A Lifetime Perspective." Unpublished paper. Stanford University (April).
20. Park, Thae S. 1992. "Total Private Pension Benefit Payments, 1950-88." In Trends in Pensions 1992, edited by John A. Turner and Daniel J. Beller. Washington: U.S. Department of Labor.
21. Summers, Lawrence H., and Chris Carroll. 1987. "Why Is U.S. National Saving So Low?" BPEA, 2:1987, 607-35.