IDEAS home Printed from https://ideas.repec.org/a/bfr/rueban/201509.html
   My bibliography  Save this article

How can the rise in the French household saving ratio since the start of the crisis be explained?

Author

Listed:
  • Faubert, V.
  • Olivella Moppett, V.

Abstract

Lower growth in purchasing power and the rise in unemployment do not provide a sufficient explanation for the weakness observed in consumer spending since the beginning of the crisis. In this study, the authors test various theories in succession: first, the impact of the decline in consumer confidence on spending behaviour; second, the effect of changes in the structure of disposable income; third the backlash caused by the withdrawal of the “cash-for-clunkers” scheme; and lastly, a less usual assumption is investigated, i.e. the impact of changes in households’ permanent income expectations.

Suggested Citation

  • Faubert, V. & Olivella Moppett, V., 2015. "How can the rise in the French household saving ratio since the start of the crisis be explained?," Rue de la Banque, Banque de France, issue 09, September.
    • Handle: RePEc:bfr:rueban:2015:09
    as

    Download full text from publisher

    File URL: https://publications.banque-france.fr/sites/default/files/medias/documents/rue-de-la-banque_09_2015-09_en.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bfr:rueban:2015:09. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael brassart (email available below). General contact details of provider: https://edirc.repec.org/data/bdfgvfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.