What is Excess Cash and How to Estimate It? It is typical for companies to hold cash balances in the form of deposits or marketable securities for the amounts that can exceed what they need for ...
This paper seeks to show that a New Keynesian model can produce highly persistent and large output responses to fiscal transfers and excess wealth, in line with recent empirical literature. The ...
Note: This data page will no longer be updated. The latest estimates of pandemic-era excess savings are as of September 2024. Past data will continue to be available on this site. Pandemic-Era Excess ...
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