U.S. Consumption after the 2008 Crisis

Spn/10/01

U.S. Consumption after the 2008 Crisis
U.S. household consumption declined sharply in late 2008, marking a departure from thetrend of a steady increase in U.S. consumption as a share of income since the 1980s.Combining econometric and simulation analysis, we estimate that this departure will besustained beyond the crisis: the U.S. household consumption rate will likely... READ MORE...

Publication date: January 2010
ISBN 9781455222964
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Publication date: January 2010

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Publication date: January 2010

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