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Measuring Saving Intentions

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  • John McDonnell
  • Ross Williams

Abstract

A need has long been expressed for up‐to‐date information on householder plans for saving, both quantity and type. This article surveys the international work done on ascertaining householder intentions and then proposes a group of nine specific questions to be put to Australian households with the aim of developing a useful Index of Saving Intentions along with information on household asset allocation. Full development can only be accomplished ex post when results can be correlated over time with various savings measures. It is intended that the Index assist in forecasting household behaviour, the allocation of savings across assets and that it will permit more rapid evaluation of the effects of government policy changes in areas such as taxation and superannuation. Results from initial surveys are presented.

Suggested Citation

  • John McDonnell & Ross Williams, 1994. "Measuring Saving Intentions," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 27(3), pages 64-74, July.
    • Handle: RePEc:bla:ausecr:v:27:y:1994:i:3:p:64-74
    DOI: 10.1111/j.1467-8462.1994.tb00849.x
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    1. Kenichi Kawasaki, 1990. "The Saving Behaviour of Japanese Households," OECD Economics Department Working Papers 73, OECD Publishing.
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