Economics 145 (Economic Research Methods)
Professor
Yang
Spring 2001
Data Analysis Problem Set #1
The August 2000 National Economic Trends by the Federal Reserve Bank of St. Louis reported that the U.S. gross private savings (GPS) rate the ratio of GPS to gross domestic product (GDP)- trended upward until the mid-1980s and has declined since then. In preparing for one of the research project of examining why has the U.S. private savings rate declined recently, students are required to the following data analysis.
Y C G = S SP = Y T C SG = T G S = SP + SG
Prepare a graph of national saving, gross private saving, and gross government saving.
Discuss the general trend of each saving component.
Due date for the submission of your work is January 21 (Wed), 2001. Turn in Data Sheet and Problem Set Solutions to the instructor at the lecture on the due date.