A Pre-Investigation on the Saving Behaviour of the European Area: A Robust Classification on This Issue
AbstractSaving behaviours of countries are shaped with the effects of the some elements as social policies, age structures, cultures, and so forth. Inherently these elements change country to country. Since the possible European countries saving behaviour variation can be seen as a striking issue, the paper aims to explore and classify the different structured countries. For the purpose the classification process is based on Modigliani’s life-cycle model and performed with robust approach.
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Bibliographic InfoArticle provided by Department of Econometrics, Faculty of Economics, Istanbul University in its journal Istanbul University Econometrics and Statistics e-Journal.
Volume (Year): 12 (2010)
Issue (Month): 1 (November)
Life-cycle savings model; outlying European countries for saving structure comparison; robust outlier detection.;
Find related papers by JEL classification:
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
- N34 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: 1913-
- C19 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Other
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