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Savings in Latvia

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Author Info
Agnese Bicevska
Aleksejs Melihovs
Krista Kalnberzina

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Abstract

A high saving rate is the foundation of a sustainable national social and economic policy. Nevertheless, boosting saving is not an end in itself. The process of making savings should be analysed taking into account several related aspects. This paper aims at conducting a detailed and comprehensive analysis of saving behaviour in Latvia and its estimation in the global context. Household saving behaviour and saving habits are in a particular focus and are examined econometrically using a unique source of Latvia's micro data, i.e. household budget surveys.

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File URL: http://www.bank.lv/images/img_lb/izdevumi/latvian/citas/diskusij_mater/dm_2009-1_en.pdf
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Publisher Info
Paper provided by Latvijas Banka in its series Discussion Papers with number 2009/01.

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Date of creation: 01 Oct 2009
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Handle: RePEc:ltv:dpaper:200901

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Web page: http://www.bank.lv/
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Related research
Keywords: savings; household saving habits; micro data; cross-section model;

Find related papers by JEL classification:
C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
D14 - Microeconomics - - Household Behavior - - - Personal Finance
E21 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment

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This page was last updated on 2009-12-2.


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