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Consumer Confidence As A Determinant Of Household Propensity To Save

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  • ANETA MARIA KLOPOCKA Author-Workplace-Name: UNIVERSITY OF FINANCE AND MANAGEMENT IN WARSAW, POLAND

Abstract

The following paper elaborates on the significance of saving for the financial stability. The changes in the propensity to save of households in Poland between 1997-2010 are discussed. A regression analysis was carried out in order to test the influence of changes in consumer confidence on the household saving rate. It has been demonstrated that a change in consumer confidence for the positive has a negative impact on the saving rate and a change for the negative contributes to a greater propensity to save.

Suggested Citation

  • ANETA MARIA KLOPOCKA Author-Workplace-Name: UNIVERSITY OF FINANCE AND MANAGEMENT IN WARSAW, POLAND, 2013. "Consumer Confidence As A Determinant Of Household Propensity To Save," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 13-20, December.
    • Handle: RePEc:cbu:jrnlec:y:2013:v:6:p:13-20
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    References listed on IDEAS

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    1. Martin Browning & Annamaria Lusardi, 1996. "Household Saving: Micro Theories and Micro Facts," Journal of Economic Literature, American Economic Association, vol. 34(4), pages 1797-1855, December.
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