Pantheon Macroeconomics - Households' saving decisions will play a key role in determining whether the economy slips into recession over the next year. Indeed, all of the last three recessions coincided with sharp rises in the household saving rate, as our first chart shows. Will households save more in response to greater economic uncertainty?

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29 July. 2016 Will Household Saving Rise and Tip the Economy into Recession?

By Samuel Tombs

Households' saving decisions will play a key role in determining whether the economy slips into recession over the next year. Indeed, all of the last three recessions coincided with sharp rises in the household saving rate, as our first chart shows. Will households save more in response to greater economic uncertainty?

Posted: 29th Jul 2016 in 'UK Documents'

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