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| Abstract |
Our results show that during four consecutive years (1997-2000), one third of the households which saved less than 20% of the household disposable income remained in their class. In the class of households that saved more than 20% of the household disposable income half of the households kept these high saving rates.
In the long term, the probability of falling into a group of households with lowest saving is 0.2. Groups falling into -20% to -5% and -5% to 5% saving rates would be the least numerous. The highest probability (0.3) was to get into a group that saved more than 20% of the household disposable income. It shows the tendency towards polarization of the households with regard to saving rates.
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| Publisher Info |
Volume (Year): 17 (2007)
Issue (Month): ()
Pages:
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