Download or read book A Study of the Determinants of Household Saving in the European Countries written by Marc Horta Lladó and published by . This book was released on 2017 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Household Savings in Selected Southern European Countries Evidence from Cross Country Micro Level Data written by Mr. Kamil Dybczak and published by International Monetary Fund. This book was released on 2023-07-21 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper looks into the puzzle of low household savings in three Southern European (SE3) countries – Cyprus, Greece, and Portugal. Building on the household saving drivers literature, we employ cross-country micro-level data and investigate the key saving patterns, examining their heterogeneity across households in SE3 countries relative to the EA average. The results confirm the prominent role of income, along with interest rate, inflation, fiscal balance, and debt in shaping household savings in SE3 countries. Quantile regressions employed to analyze saving behavior across the distribution of households suggest that households with lower savings tend to see their savings dip (or dissavings rise) more-than-proportionately with shocks to income, interest rate, inflation, and government balance. Our policy simulations across the distribution of households suggest that targeted rather than universal policy intervention could improve household savings, especially of the most vulnerable ones.
Download or read book Empirical Determinants of Household Saving written by Mr.Tim Callen and published by International Monetary Fund. This book was released on 1997-12-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the empirical determinants of household saving using data from 21 OECD countries for 1975-95. A particular focus is the influence of the tax and social security systems on household saving. The paper therefore extends the usual set of explanatory variables used to explain household saving behavior to include variables that capture the structure of the tax system and the financing and generosity of the social security and welfare system. These variables are found to have an important impact on household saving. Accordingly, by changing the design of these systems, governments may be able to influence saving.
Download or read book Household Saving Rates in the EU written by and published by . This book was released on 2015 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Empirical Determinants of Household Saving written by Tim Callen and published by . This book was released on 2006 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the empirical determinants of household saving using data from 21 OECD countries for 1975-95. A particular focus is the influence of the tax and social security systems on household saving. The paper therefore extends the usual set of explanatory variables used to explain household saving behavior to include variables that capture the structure of the tax system and the financing and generosity of the social security and welfare system. These variables are found to have an important impact on household saving. Accordingly, by changing the design of these systems, governments may be able to influence saving.
Download or read book Household Savings in Transition Economies written by Cevdet Denizer and published by . This book was released on 1998 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on matching household surveys for three central European countries, Bulgaria, Hungary and Poland, we explore the determinants of household saving rates in transition economies. We find savings rates to increase strongly in relative income and to be significantly higher for households owning few of the standard consumer durables, consistent with anticipatory savings prior to durable purchases in the absence of retail credit markets. The influence of demographic factors broadly matches earlier findings for developing countries. Perhaps surprisingly, variables associated with the position of the household in the transition process, notably the sector of employment, plays no significant role in determining savings rates.
Download or read book Household Saving Behaviour and Credit Constraints in the Euro Area written by and published by . This book was released on 2014 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Household Saving Behavior and Credit Constraints in the Euro Area written by Julia Le Blanc and published by . This book was released on 2016 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the role of household saving behaviour, of individual motives for saving and that of perceived liquidity constraints in 15 Euro Area countries. The empirical analysis is based on the Household Finance and Consumption Survey, a new harmonized data set collecting detailed information on wealth holdings, consumption and income at the household level. Since the data is from 2010-2011, strong conclusions as regards the present are difficult to draw. This is because the crisis may have affected the data, especially in countries that were severely hit. Nevertheless we find evidence of some degree of homogeneity across countries with respect to saving preferences and the relative importance of different motives for saving. In addition, credit constraints are more heterogeneous across geographic regions and perceived to be binding for specific groups of respondents. Households living in Mediterranean countries report to be more subject to binding liquidity constraints than households living in Continental Europe. Household characteristics and institutional macroeconomic variables are significant and economically important determinants of household saving preferences and credit constraints.
Download or read book Household Savings in Transition Economies written by and published by World Bank Publications. This book was released on with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Determinants of Household Saving written by Nonceba Qabazi and published by . This book was released on 2018 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Household Savings in Less Developed Countries written by Elwin Ramsay Kettner and published by . This book was released on 1972 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Saving is a strategic variable in the process of economic development. In less developed countries household savings make up a large portion of total savings. Thus one of the goals of less developed countries is to encourage household savings. However, before an effective policy can be implemented a government must know some of the factors determining the level of household savings. The purpose of this thesis is to examine and evaluate some of the determinants of household savings. First the simple Keynesian Model is applied to our selection of countries, then other models are introduced. The study reveals that for most countries the simple Keynesian Model explains the level of household savings just as well as the more elaborate models, i.e., models embodying the effect of prices, inflation and the rate of interest.
Download or read book Greening Household Behaviour Overview from the 2011 Survey written by OECD and published by OECD Publishing. This book was released on 2013-07-04 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication presents a data overview of the most recent round of the survey implemented in five areas (energy, food, transport, waste, and water) and 11 countries: Australia, Canada, Chile, France, Israel, Japan, Korea, the Netherlands, Spain, Sweden and Switzerland.
Download or read book Energy Demand Challenges in Europe written by Frances Fahy and published by Springer. This book was released on 2019-01-01 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book examines the role of citizens in sustainable energy transitions across Europe. It explores energy problem framing, policy approaches and practical responses to the challenge of securing clean, affordable and sustainable energy for all citizens, focusing on households as the main unit of analysis. The book revolves around ten contributions that each summarise national trends, socio-material characteristics, and policy responses to contemporary energy issues affecting householders in different countries, and provides good practice examples for designing and implementing sustainable energy initiatives. Prominent concerns include reducing carbon emissions, energy poverty, sustainable consumption, governance, practices, innovations and sustainable lifestyles. The opening and closing contributions consider European level energy policy, dominant and alternative problem framings and similarities and differences between European countries in relation to reducing household energy use. Overall, the book is a valuable resource for researchers, policy-makers, practitioners and others interested in sustainable energy perspectives
Download or read book Sweden written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2017-11-17 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper analyzes the high household savings in Sweden. Preliminary evidence suggests that the large increase in savings after the financial crisis may reflect the rising cost of elder care. Econometric analysis appears to confirm anecdotal explanations that extended life expectancy and a preference for higher-quality residential care have contributed to higher savings. Further analysis using more granular data is needed to test alternative hypotheses for the rise in household savings. Anecdotal reports also indicate that parental assistance in young people’s home purchases could be behind the increased saving and serves as an additional bequest motive. Investigating this possibility would benefit significantly from household level data.
Download or read book Life Cycle Savings and Public Policy written by Axel Borsch-Supan and published by Elsevier. This book was released on 2003-01-09 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Life-Cycle Savings and Public Policy examines data on many households from a number of different countries. The hope is that through these observations we can learn about the ways policies affect savings, and that other differences among savers can be controlled for, instead of being blamed on cultural differences. This book features a consistent framework among chapters. It reaches a harmony between measurement and analysis to compare accurately the resulting data and statistics. It provides econometric methodology to reveal the way policies affect savings. The book features data on household savings in Germany, Italy, Japan, the Netherlands, the U.K., and the U.S. This book is recommended reading for anyone interested in saving, social insurance policy, or capital formation. Features a consistent framework among chapters Reaches a harmony between measurement and analysis to compare accurately the resulting data and statistics Provides econometric methodology to reveal the way policies affect savings
Download or read book External Imbalances in the Euro Area written by Ms.Ruo Chen and published by International Monetary Fund. This book was released on 2012-10-09 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper examines the extent to which current account imbalances of euro area countries are related to intra-euro area factors and to external trade shocks. We argue that the traditional explanations for the rising imbalances are correct, but are incomplete. We uncover a large impact of declines in export competitiveness and asymmetric trade developments vis-à-vis the rest of the world –in particular vis-à-vis China, Central and Eastern Europe, and oil exporters- on the external balance of euro area debtor countries. While current account imbalances of euro area deficit countries vis-à-vis the rest of the world increased, they were financed mostly by intra-euro area capital inflows (in particular by the purchase of government and financial institutions’ securities, and cross-border interbank lending) which permitted external imbalances to grow over time.
Download or read book Household Savings in Transition Economies written by Cevdet Denizer and published by . This book was released on 2000 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Bulgaria, Hungary, and Poland, the higher the relative household income is, the higher the savings rate is. But, surprisingly, savings rates appear to be unaffected by either sector of employment (public or Private) or form of employment. Savings rates are significantly higher for households that do not own their own homes or that own few of the standard consumer durables - possibly because, with no retail credit or mortgage markets, households must save to purchase houses and durables.
