nmm 22 4500 ICPSR21300 MiAaI m f a u cr mn mmmmuuuu 130524s2007 miu f a eng d (MiAaI)ICPSR21300 MiAaI MiAaI Decline in U.S. Personal Saving Rate [electronic resource] Is it Real and Is It a Puzzle? Massimo Guidolin , Federal Reserve Bank of St. Louis 2007-11-08 Ann Arbor, Mich. Inter-university Consortium for Political and Social Research [distributor] 2007 ICPSR 21300 Numeric Title from ICPSR DDI metadata of 2013-05-24. AVAILABLE. This study is freely available to the general public. Also available as downloadable files. Since the mid-1990s, the national income and product accounts personal saving rate for the United States has been trending down, dropping into negative territory for three months during the past two years. This paper examines measurement problems surrounding two of the standard definitions of the personal saving rate. The authors conclude that, despite these measurement problems, the recent decline of the United States personal saving rate to low levels seems to be a real economic phenomenon and may be a cause for concern for several reasons. After examining several possible explanations for the trend advanced in the recent literature, the authors conclude that none of them provides a compelling explanation for the steep decline and negative levels of the United States personal saving rate. Cf.: http://dx.doi.org/10.3886/ICPSR21300.v1 capital gains icpsr disposable income icpsr economic conditions icpsr economic trends icpsr financial planning icpsr financial policy icpsr Gross Domestic Product icpsr household income icpsr income estimates icpsr income tax icpsr income icpsr macroeconomics icpsr pensions icpsr personal finances icpsr personal wealth icpsr savings icpsr ICPSR XVIII. ICPSR Publication-Related Archive Guidolin, Massimo Federal Reserve Bank of St. Louis Federal Reserve Bank of St. Louis Inter-university Consortium for Political and Social Research. ICPSR (Series) Access restricted ; authentication may be required: http://dx.doi.org/10.3886/ICPSR21300.v1