scholarly journals Culture and Household Saving

2016 ◽  
Author(s):  
Benjamin Guin
Keyword(s):  
Household Saving

scholarly journals Household saving in Australia

2015 ◽  
Vol 15 (2) ◽  
Author(s):  
Richard Finlay ◽  
Fiona Price
Keyword(s):  
Financial Crisis ◽  
Age Groups ◽  
Single Parent ◽  
Population Characteristics ◽  
Income Growth ◽  
Highly Educated ◽  
Household Saving ◽  
Future Income ◽  
Saving Behavior ◽  
Migrant Households

AbstractThis paper investigates household saving behavior in Australia, as well as the drivers behind the recent rise in the aggregate household saving ratio. Our results explaining differences in saving behavior across households are consistent with theory and previous findings. As might be expected, households’ saving ratios tend to increase with income, but decrease with wealth and gearing. More at-risk households such as single-parent and migrant households tend to save more than other households, all else being equal. While saving differs substantially across age groups we find that, at least in part, this reflects differing circumstances. Our results suggest that the rise in household saving between 2003/2004 and 2009/2010 was driven by changes in behavior rather than changes in population characteristics: in particular, more educated households, as well as households with high debt and/or wealth increased their propensity to save. Our interpretation of these results is that a reduction in future income growth expectations for more highly educated households after the financial crisis, and an associated effort to rebuild wealth and repay debt, drove to the aggregate rise in household saving.

scholarly journals Time Preferences over the Life Cycle and Household Saving Puzzles

2021 ◽  
Author(s):  
Wataru Kureishi ◽  
Hannah Paule-Paludkiewicz ◽  
Hitoshi Tsujiyama ◽  
Midori Wakabayashi
Keyword(s):  
Life Cycle ◽  
Time Preferences ◽  
Household Saving

scholarly journals The Effect of Saving Subsidies on Household Saving – Evidence from Germany

2010 ◽  
Author(s):  
Giacomo Corneo ◽  
Matthias Keese ◽  
Carsten Schröder
Keyword(s):  
Household Saving
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