Author : Micaela Joseph
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (11 download)
Book Synopsis Economic and Demographic Determinants of the Consumption, Saving and Borrowing Behaviors of Households by : Micaela Joseph
Download or read book Economic and Demographic Determinants of the Consumption, Saving and Borrowing Behaviors of Households written by Micaela Joseph and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The personal savings rate is an unsettling subject, because every economist has distinctive opinions on the determinants of consumption, saving and borrowing behaviors of households. For instance, many individuals assume that there is a positive relationship between real disposable income and the personal savings rate. In other words, saving amongst households have increased with the growth of household wealth. On the other hand, some individuals deem that there is an inverse relationship between both variables, so much that this topic has always demanded further research to be completed. Because of my awareness and experience relating to this topic, I have chosen to examine this question. This paper will review the effect and significance of the savings rate by analyzing real disposable income, real household net worth, interest rates, and labor productivity. I will make predictions on the results. I am going to study the positive or negative outcomes between them through data examination and analysis. This thesis will also compare the data and results of the households in the United States between 1980 and 2017. This will allow us to determine if these variables are the major determinants of the personal saving rate.