The Impact of Religion on Household Saving Behavior

2014 ◽  
Author(s):  
Fentahun Admassu Yayeh
Keyword(s):  
Household Saving ◽  
Saving Behavior ◽  
The Impact

Demographics and Saving Behavior of Households in Rural Areas of Vietnam: An Empirical Analysis

2013 ◽  
pp. 5-18
Author(s):  
Minh Nguyen Thi ◽  
Nhat Nguyen Hong ◽  
Anh Trinh Trong ◽  
Duc Phung Minh ◽  
Son Le Thai
Keyword(s):  
Rural Areas ◽  
Data Model ◽  
Logit Model ◽  
Multinomial Logit Model ◽  
Household Savings ◽  
Household Saving ◽  
Life Cycle Theory ◽  
Saving Behavior ◽  
And Gender ◽  
The Impact

This paper studies the saving behavior of rural households in Vietnam from two aspects: volume of savings and methods of saving. Two econometric models are conducted, the first one is a panel data model, used to examine the determinants of household saving; and the second one is a multinomial logit model used to investigate how a household chooses the way to save. Both models are based on the life cycle theory of saving and the permanent income hypothesis. We find that the household head’s age, education and gender are closely related to their saving behavior. And the impact of these variables takes different patterns between the two models. The results are useful for further research in forecasting household savings as well as in micro finance to find a better way of serving people who live in rural areas.

scholarly journals THE INTERNET MIRACLE: THE IMPACT OF INTERNET ACCESS ON HOUSEHOLD SAVING IN INDONESIA

2021 ◽  
Vol 24 (2) ◽  
pp. 255-282
Author(s):  
Rahmanda Muhammad Thaariq ◽  
Arif Anindita ◽  
Hafizha Dea Iftina
Keyword(s):  
Survey Data ◽  
Family Life ◽  
Internet Access ◽  
The Internet ◽  
Household Savings ◽  
Household Saving ◽  
Indonesia Family Life Survey ◽  
Saving Behavior ◽  
The Impact ◽  
Positive Effect

This study analyzes the impact of access to the internet and household saving behavior, in the context of the amount of savings and the saving preferences, in Indonesia. Using the fifth wave of the Indonesia Family Life Survey data, this study finds that there is a positive effect between internet access and household savings. This access includes private internet access and public internet access. Nonetheless, the effect of private internet access differs from public internet access. Private internet access positively impacts both the amount of savings and the saving preferences, whilst public internet access only increases the amount saved, not the saving preferences.

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.

Evaluating the impact on saving of tax-favored retirement plans

2013 ◽  
Vol 13 (1) ◽  
pp. 62-87 ◽  
Author(s):  
MONICA PAIELLA ◽  
ANDREA TISENO
Keyword(s):  
Pension Fund ◽  
Pension Funds ◽  
Retirement Plans ◽  
Household Saving ◽  
Pension Schemes ◽  
The Social ◽  
Recent Reform ◽  
The Impact ◽  
Retirement Wealth

AbstractThis paper exploits a recent reform of private pension schemes in Italy to identify the impact on household saving of tax-favored retirement saving plans. The reform was part of the restructuring of the social security system and was aimed at rising private long-term saving by making pension funds more attractive and convenient. We control for unobserved saver heterogeneity and a central focus is on substitution across saving instruments. We find that the pension fund legislation had a strong effect on the allocation of saving and triggered substantial substitution of non-tax-favored non-retirement wealth for tax-favored pension funds. In contrast, we find that it had little, if any effect on household saving flows. Our findings also suggest that the provision of ‘closed’ pension funds might significantly affect the decision to invest in private retirement schemes.

Low Interest Rates do they Revise Household Saving Motives in the Euro Area?

e-Finanse ◽  
2016 ◽  
Vol 12 (1) ◽  
pp. 43-56
Author(s):  
Katarzyna Kochaniak
Keyword(s):  
Interest Rates ◽  
Monetary Union ◽  
Euro Area ◽  
Union Member ◽  
Household Saving ◽  
Low Interest Rates ◽  
The Impact

AbstractThis paper presents the impact of decreasing MFI interest rates on household deposits and saving goals in 12 Monetary Union member countries in the years 2009-2015. It analyses tendencies in household deposits (overnight, with agreed maturity and redeemable at notice), and attempts to link them with certain household saving motives (target, retirement and precautionary). The paper identifies those deposit categories which appeared as sensitive to declining interest rates and indicates the Eurozone countries whose populations are expected to revise their savings plans. Precise implications are drawn for target saving motives of households in Austria, Cyprus and Malta. However, in the case of two other motives, the analysis does not conclude on the impact of decreasing MFI interest rates.

Inflation, Tight Money and Household Saving Behavior: Finnish Evidence

1982 ◽  
Vol 84 (3) ◽  
pp. 483 ◽  
Author(s):  
Erkki Koskela ◽  
Matti Virén ◽  
Matti Viren
Keyword(s):  
Household Saving ◽  
Saving Behavior
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