Spending is out, saving is in. The trend not only has legs, it has depth and magnitude, as the personal income and spending report for November reminds.

The determinants of savings generally and the specific effects of government policies on savings and consumption are pivotal forces in investment and economic growth. The Hall hypothesis states that ...

However, if we introduce endogenous saving, an agent with more concave utility always selects more self-insurance, but will select more self-protection if and only if the probability of loss is small ...

Savings and consumption are not the only levers that parents can adjust after children become independent, they can also adjust hours worked and earnings.

The elimination of daylight-saving time is a frequently -- and heatedly -- discussed topic. Often, only the aspect of electricity consumption due to artificial lighting is considered. In a new ...

The Congressional Authority allows the Army to transfer validated energy cost savings, which the Army bases on reduced energy consumption, generated at Army installations into “no-year” accounts.