NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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The Global Rise of Corporate Saving

Peter Chen, Loukas Karabarbounis, Brent Neiman

NBER Working Paper No. 23133
Issued in February 2017, Revised in March 2017

---- Acknowledgments ----

This draft was prepared for the Carnegie-Rochester-NYU Conference on Public Policy in November 2016. We thank Andrea Eisfeldt, Marvin Goodfriend, Burton Hollifield, and Eric Zwick for useful comments. We gratefully acknowledge the support of the National Science Foundation. The accompanying Appendix and dataset are available at the authors' web pages. The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis, the Federal Reserve System, or the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for Loukas Karabarbounis ----

Loukas Karabarbounis is a research consultant at the Federal Reserve Bank of Minneapolis. No person or institution with which he is affiliated has control over his research activities. The views expressed in his research are those of the author and not necessarily those of the Federal Reserve Bank of Minneapolis or the Federal Reserve System

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