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People’s consumption and savings in correlation with the investments from the economy

Author

Listed:
  • Daniel Toba

    (University of Craiova, Faculty of Economics and Business Administration, România)

Abstract

In the present economies, especially in the developed ones, the saving process indisputably concerns the banking institutions, the private funds of pensions and the investment funds. Both the classics, and also J. M. Keynes, considered the individual saving as a primordial source of investments. The sacrificing of the present consumption was considered as the basis of the first stage of the investment process, respectively the savings stage. Nowadays, the main productive investments are constituted based on the credits which have been gotten from the banks.

Suggested Citation

  • Daniel Toba, 2008. "People’s consumption and savings in correlation with the investments from the economy," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(10), pages 148-153, April.
  • Handle: RePEc:aio:rteyej:v:1:y:2008:i:10:p:148-153
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    More about this item

    Keywords

    investments; the income effect; non-placed economies; placed economies; investment consumption;

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment

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