{"id":"https://openalex.org/W2012843075","doi":"https://doi.org/10.1111/j.1475-4991.1992.tb00417.x","title":"HOUSEHOLD AND ENTERPRISE SAVING AND CAPITAL FORMATION IN THE UNITED STATES: A MARKET TRANSACTIONS VIEW","display_name":"HOUSEHOLD AND ENTERPRISE SAVING AND CAPITAL FORMATION IN THE UNITED STATES: A MARKET TRANSACTIONS VIEW","publication_year":1992,"publication_date":"1992-06-01","ids":{"openalex":"https://openalex.org/W2012843075","doi":"https://doi.org/10.1111/j.1475-4991.1992.tb00417.x","mag":"2012843075"},"language":"en","primary_location":{"id":"doi:10.1111/j.1475-4991.1992.tb00417.x","doi":"https://doi.org/10.1111/j.1475-4991.1992.tb00417.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1475-4991.1992.tb00417.x","pdf_url":null,"source":{"id":"https://openalex.org/S174413665","display_name":"Review of Income and Wealth","issn_l":"0034-6586","issn":["0034-6586","1475-4991"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Review of Income and Wealth","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5107828945","display_name":"Nancy","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I32971472","display_name":"Yale University","ror":"https://ror.org/03v76x132","country_code":"US","type":"education","lineage":["https://openalex.org/I32971472"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Nancy","raw_affiliation_strings":["Yale University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Yale University","institution_ids":["https://openalex.org/I32971472"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5087557793","display_name":"Richard Ruggles","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I32971472","display_name":"Yale University","ror":"https://ror.org/03v76x132","country_code":"US","type":"education","lineage":["https://openalex.org/I32971472"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Richard Ruggles","raw_affiliation_strings":["Yale University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Yale University","institution_ids":["https://openalex.org/I32971472"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I32971472"],"apc_list":{"value":3300,"currency":"USD","value_usd":3300},"apc_paid":null,"fwci":2.9351,"has_fulltext":false,"cited_by_count":21,"citation_normalized_percentile":{"value":0.93348861,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"38","issue":"2","first_page":"119","last_page":"163"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.6455000042915344,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.6455000042915344,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.22310000658035278,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.02410000003874302,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/household-savings","display_name":"household savings","score":0.9810000061988831},{"id":"https://openalex.org/keywords/corporate-savings","display_name":"corporate savings","score":0.6850000023841858},{"id":"https://openalex.org/keywords/capital-formation","display_name":"capital formation","score":0.9829999804496765},{"id":"https://openalex.org/keywords/market-transactions","display_name":"market transactions","score":0.5569999814033508},{"id":"https://openalex.org/keywords/consumption-function","display_name":"consumption function","score":0.7789999842643738},{"id":"https://openalex.org/keywords/permanent-income-hypothesis","display_name":"permanent income hypothesis","score":0.8600000143051147},{"id":"https://openalex.org/keywords/life-cycle-hypothesis","display_name":"life-cycle hypothesis","score":0.8579999804496765},{"id":"https://openalex.org/keywords/corporate-tax-returns","display_name":"corporate tax returns","score":0.7329999804496765},{"id":"https://openalex.org/keywords/pension-reserves","display_name":"pension reserves","score":0.7480000257492065},{"id":"https://openalex.org/keywords/technical-reserves","display_name":"insurance reserves","score":0.9789999723434448},{"id":"https://openalex.org/keywords/retained-earnings","display_name":"retained earnings","score":0.8019999861717224},{"id":"https://openalex.org/keywords/undistributed-profits","display_name":"undistributed profits","score":0.6340000033378601},{"id":"https://openalex.org/keywords/financial-institutions","display_name":"financial institutions","score":0.5479999780654907},{"id":"https://openalex.org/keywords/united-states","display_name":"United States","score":0.847000002861023}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7510896325111389},{"id":"https://openalex.org/C58202505","wikidata":"https://www.wikidata.org/wiki/Q5035700","display_name":"Capital formation","level":4,"score":0.6934072971343994},{"id":"https://openalex.org/C115781380","wikidata":"https://www.wikidata.org/wiki/Q994824","display_name":"Gross fixed capital formation","level":3,"score":0.6413938403129578},{"id":"https://openalex.org/C83646750","wikidata":"https://www.wikidata.org/wiki/Q193893","display_name":"Capital (architecture)","level":2,"score":0.5416533946990967},{"id":"https://openalex.org/C30772137","wikidata":"https://www.wikidata.org/wiki/Q5164762","display_name":"Consumption (sociology)","level":2,"score":0.531177282333374},{"id":"https://openalex.org/C32235935","wikidata":"https://www.wikidata.org/wiki/Q350151","display_name":"National accounts","level":2,"score":0.4628443419933319},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4319761097431183},{"id":"https://openalex.org/C145236788","wikidata":"https://www.wikidata.org/wiki/Q28161","display_name":"Labour economics","level":1,"score":0.3615338206291199},{"id":"https://openalex.org/C44750222","wikidata":"https://www.wikidata.org/wiki/Q1897397","display_name":"Financial capital","level":3,"score":0.36073487997055054},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.341816782951355},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.23814454674720764},{"id":"https://openalex.org/C114350782","wikidata":"https://www.wikidata.org/wiki/Q12638","display_name":"Gross domestic product","level":2,"score":0.16057199239730835},{"id":"https://openalex.org/C2776943663","wikidata":"https://www.wikidata.org/wiki/Q165687","display_name":"Human capital","level":2,"score":0.12519797682762146},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C95457728","wikidata":"https://www.wikidata.org/wiki/Q309","display_name":"History","level":0,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1111/j.1475-4991.1992.tb00417.x","doi":"https://doi.org/10.1111/j.1475-4991.1992.tb00417.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1475-4991.1992.tb00417.x","pdf_url":null,"source":{"id":"https://openalex.org/S174413665","display_name":"Review of Income and Wealth","issn_l":"0034-6586","issn":["0034-6586","1475-4991"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Review of Income and Wealth","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"display_name":"Decent work and economic growth","score":0.49000000953674316,"id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":26,"referenced_works":["https://openalex.org/W16884624","https://openalex.org/W1488527831","https://openalex.org/W1563524513","https://openalex.org/W1595385397","https://openalex.org/W1885356571","https://openalex.org/W1989958865","https://openalex.org/W2000055608","https://openalex.org/W2004245169","https://openalex.org/W2013327789","https://openalex.org/W2018599990","https://openalex.org/W2058977403","https://openalex.org/W2060243376","https://openalex.org/W2065047735","https://openalex.org/W2092921610","https://openalex.org/W2151488907","https://openalex.org/W2162540751","https://openalex.org/W2495318026","https://openalex.org/W2791909506","https://openalex.org/W2798137390","https://openalex.org/W3015561283","https://openalex.org/W3125511941","https://openalex.org/W3125512433","https://openalex.org/W4254540180","https://openalex.org/W4309382688","https://openalex.org/W4411270389","https://openalex.org/W6635836824"],"related_works":["https://openalex.org/W1488527831","https://openalex.org/W2231780452","https://openalex.org/W1538148635","https://openalex.org/W2257543121","https://openalex.org/W2016014248","https://openalex.org/W1592073559","https://openalex.org/W2496154302","https://openalex.org/W6981206720","https://openalex.org/W2105873974","https://openalex.org/W798971842"],"abstract_inverted_index":{"Contrary":[0],"to":[1,96,118,148],"conventional":[2],"macro":[3],"theory,":[4],"it":[5,124],"is":[6,125],"not":[7,48],"the":[8,15,19,27,34,55,59,73,86,160],"consumption":[9],"function":[10],"in":[11,33,54,72,159],"terms":[12],"of":[13,22,81,144,157],"either":[14],"permanent":[16],"income":[17,143],"or":[18,97],"life\u2010cycle":[20],"theory":[21],"saving":[23,28,68,88,158],"that":[24,41,85,112,127,152],"has":[25,93],"furnished":[26],"for":[29,89,137],"enterprise":[30,67,91],"capital":[31,52,70,102,121],"formation":[32,53,71],"United":[35,56,74],"States.":[36],"Household":[37],"sector":[38],"accounts":[39],"indicate":[40,84,111],"household":[42,50],"gross":[43,51,87,101],"saving,":[44],"correctly":[45],"measured,":[46],"did":[47],"exceed":[49],"States":[57],"over":[58],"period":[60],"since":[61],"1947.":[62],"Furthermore,":[63],"historical":[64],"data":[65,80],"on":[66],"and":[69,76,130,151],"States,":[75],"cross\u2010section":[77],"tax":[78],"return":[79],"U.S.":[82],"corporations":[83],"many":[90],"sectors":[92],"been":[94],"equal":[95],"greater":[98],"than":[99],"their":[100,120],"formation.":[103,122],"There":[104],"are":[105],"exceptions,":[106],"however:":[107],"these":[108,153],"same":[109],"sources":[110],"public":[113],"utilities":[114],"have":[115],"borrowed":[116],"substantially":[117],"finance":[119],"Finally,":[123],"argued":[126],"employer":[128],"pension":[129],"insurance":[131],"reserves":[132],"held":[133],"by":[134],"financial":[135],"institutions":[136],"future":[138],"benefit":[139],"payments":[140],"represent":[141],"retained":[142],"a":[145,155],"nature":[146],"similar":[147],"undistributed":[149],"profits,":[150],"constitute":[154],"source":[156],"economy.":[161]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2015,"cited_by_count":3},{"year":2012,"cited_by_count":2}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}