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1:45 -- 3:00 pm Salon D
The personal savings rate is near zero at a time health care and other retirement costs are rising as aging baby boomers reach the point of leaving the labor market. Are consumers under-saving and will this cause a crisis in the next decade? What, if anything, should policymakers do about it today?
Susan Sterne handout (PDF, 2.1 MB)
Robert Shackleton slides (PDF, 30 K)
Economic Analysis Associates Home Page
Congressional Budget Office Home Page
James Meil, Chief Economist, Eaton Corporation, moderator
Susan Sterne
President
Economic Analysis Associates, Inc.
Mrs. Sterne's thirty year Wall Street career has been devoted to understanding, forecasting and interpreting the consumer sector of the economy. Before founding Economic Analysis Associates in 1979 she was with various Wall Street houses including Goldman, Sachs, Cyrus J. Lawrence and Salomon Brothers where she was vice president in charge of all consumer research. Mrs. Sterne began publishing the monthly Consumer Monitor in 1975 while working as an economist in the research department of Faulkner, Dawkins & Sullivan. She has served as an advisor to the U.S. Department of Commerce and is a member of a number of professional organizations including The Conference of Business Economists, the National Association for Business Economics, the NYSSA and AIMR.
Robert G. Shackleton
