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The evolution of the savings rate in Europe – empirical evidences

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  • Adrian SIMION

    (Bucharest Academy of Economic Studies, Romania)

Abstract

This paper is showing the savings rate’s evolution in the EU-28 area in the last decade. In order to emphasize the effects of the crisis, we used a couple of comparisons between the savings rate in the EU-28 group and the main European regions (calculated as averages) for the same indicator. The last part of this study consists in an econometric model, which analyzes the correlation between the Economic Sentiment Index (ESI) and the savings rate (EU-28) between 2001 and 2012.

Suggested Citation

  • Adrian SIMION, 2015. "The evolution of the savings rate in Europe – empirical evidences," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(Special(I), pages 19-26.
    • Handle: RePEc:agr:journl:v:xxii:y:2015:i:special(i):p:19-26
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