Macroeconomics 12th Edition by Rudiger Dornbusch, Stanley Fischer ,Richard Startz

تمرين 12

The United States, during the 1980s, found its rate of personal saving to be particularly low. It also, during that time, had a demographic blip-the baby-boomer generation, then in its late 20s to early 30s.
a. Does the life-cycle hypothesis suggest a reason that these two facts might be connected
b. What does this hypothesis suggest we should see as this generation ages