A Study of Saving in the United States

A Study of Saving in the United States

A Study of Saving in the United States

A Study of Saving in the United States

Excerpt

(Apologia pro opere suo)

The Saving Study, the principal statistical results of which are reported in the three volumes now being published, was undertaken with the objective of providing a comprehensive quantitative description as well as an analysis of the saving process in the United States in the first half of this century, i.e. of the process of financing the country's economic growth. The Study, as so often happens in such endeavors, has proven more laborious than expected; has taken more time than anticipated; and yet falls short of the goal, even in the author's eyes.

As the Study now stands Volume contains an Introduction, which provides a summary of the main findings; two sets of summary tables (one on an annual, the other on a period or quadrennial, basis); and 550 tables--accounting for the bulk of the volume--which show in fair detail the derivation of the annual estimates of national saving and its components. In accordance with the "principle of reproducibility" the figures are shown in the tables and explained in the accompanying notes in sufficient detail to enable the reader to retrace the derivation of the final estimates from the basic data. Adherence to this principle makes it necessary to present more basic data and intermediate calculations than has been customary in similar publications. No apologies are offered for this approach. On the contrary, it is felt that even the detail now presented, both in the tables and in the notes, is at times not entirely sufficient; and that excuses are in order where--as occasionally in this study or as in other publications presenting the results of similarly elaborate and complicated calculations--the principle of reproducibility has not been fully adhered to, with the result that the serious reader is not able to . . .

Author Advanced search

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.