Households'� Saving Mobility in Poland
In this paper we analyse the saving mobility of Polish households, e.g. the mobility of households between classes of different saving rates. The analysis is based on the household budget panel data of 3001 Polish households surveyed in the same month during four consecutive years. The panel sample group was selected by authors from 30 000 households' surveyed by Polish Central Statistical Office each year. We apply the Markov mobility matrices. The long term ergodic structure of households with regard to saving rates is estimated. It illustrates the probability of a household to fall into one of the saving rates range. Our results show that during four consecutive years (1997-2000), one third of the households which saved less than 20% of the household disposable income remained in their class. In the class of households that saved more than 20% of the household disposable income half of the households kept these high saving rates. In the long term, the probability of falling into a group of households with lowest saving is 0.2. Groups falling into -20% to -5% and -5% to 5% saving rates would be the least numerous. The highest probability (0.3) was to get into a group that saved more than 20% of the household disposable income. It shows the tendency towards polarization of the households with regard to saving rates.
Volume (Year): 17 (2005)
Issue (Month): ()
|Contact details of provider:|| Postal: |
Phone: +48 +22 5549184
Fax: (+48 22) 831 28 46
Web page: http://www.wne.uw.edu.pl
More information through EDIRC
|Order Information:|| Web: http://ekonomia.wne.uw.edu.pl Email: |
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- repec:ese:iserwp:2003-27 is not listed on IDEAS
- Tyrowicz, Joanna & Wójcik, Piotr, 2009.
"Active Labour Market Policies and Unemployment Convergence in Transition,"
15201, University Library of Munich, Germany.
- Joanna Tyrowicz & Piotr Wojcik, 2010. "Active Labour Market Policies and Unemployment Convergence in Transition," Review of Economic Analysis, Rimini Centre for Economic Analysis, vol. 2(1), pages 46-72, January.
- Christopher D. Carroll, 1992.
"How does future income affect current consumption?,"
Working Paper Series / Economic Activity Section
126, Board of Governors of the Federal Reserve System (U.S.).
- Carroll, Christopher D, 1994. "How Does Future Income Affect Current Consumption?," The Quarterly Journal of Economics, MIT Press, vol. 109(1), pages 111-47, February.
- Carroll, Christopher D., 2009.
"Precautionary saving and the marginal propensity to consume out of permanent income,"
Journal of Monetary Economics,
Elsevier, vol. 56(6), pages 780-790, September.
- Carroll, Christopher D., 2009. "Precautionary saving and the marginal propensity to consume out of permanent income," CFS Working Paper Series 2009/16, Center for Financial Studies (CFS).
- Christopher D Carroll, 2001. "Precautionary Saving and the Marginal Propensity To Consume Out of Permanent Income," Economics Working Paper Archive 445, The Johns Hopkins University,Department of Economics, revised Aug 2009.
- Christopher D. Carroll, 2001. "Precautionary Saving and the Marginal Propensity to Consume out of Permanent Income," NBER Working Papers 8233, National Bureau of Economic Research, Inc.
- Jenkins, Stephen P. & Van Kerm, Philippe, 2003.
"Trends in income inequality, pro-poor income growth and income mobility,"
IRISS Working Paper Series
2003-11, IRISS at CEPS/INSTEAD.
- Stephen P. Jenkins & Philippe Van Kerm, 2006. "Trends in income inequality, pro-poor income growth, and income mobility," Oxford Economic Papers, Oxford University Press, vol. 58(3), pages 531-548, July.
- Jenkins, Stephen P. & Van Kerm, Philippe, 2003. "Trends in Income Inequality, Pro-Poor Income Growth and Income Mobility," IZA Discussion Papers 904, Institute for the Study of Labor (IZA).
- Stephen P. Jenkins & Philippe VanKerm, 2003. "Trends in Income Inequality, Pro-Poor Income Growth and Income Mobility," Discussion Papers of DIW Berlin 377, DIW Berlin, German Institute for Economic Research.
- James M. Poterba, 1994. "International Comparisons of Household Saving," NBER Books, National Bureau of Economic Research, Inc, number pote94-1, August.
- Deaton, Angus, 1992. "Understanding Consumption," OUP Catalogue, Oxford University Press, number 9780198288244, March.
- Ashoka Mody & Franziska Ohnsorge & Damiano Sandri, 2012.
"Precautionary Savings in the Great Recession,"
IMF Economic Review,
Palgrave Macmillan, vol. 60(1), pages 114-138, April.
- Urban J. Jermann & Marianne Baxter, 1999.
"Household Production and the Excess Sensitivity of Consumption to Current Income,"
American Economic Review,
American Economic Association, vol. 89(4), pages 902-920, September.
- Marianne Baxter & Urban J. Jermann, 1999. "Household Production and the Excess Sensitivity of Consumption to Current Income," NBER Working Papers 7046, National Bureau of Economic Research, Inc.
- Hall, Robert E, 1978. "Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence," Journal of Political Economy, University of Chicago Press, vol. 86(6), pages 971-87, December.
- Flavin, Marjorie A, 1981. "The Adjustment of Consumption to Changing Expectations about Future Income," Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 974-1009, October.
- Quah, Danny T., 1996. "Empirics for economic growth and convergence," European Economic Review, Elsevier, vol. 40(6), pages 1353-1375, June.
- James M. Poterba, 1994. "Introduction to "International Comparisons of Household Saving"," NBER Chapters, in: International Comparisons of Household Saving, pages 1-10 National Bureau of Economic Research, Inc.
- Zofia Barbara Liberda & Brunon Górecki & Marek Pęczkowski, 2004. "Saving from Permanent and Transitory Income. The Case of Polish Households," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 14.
When requesting a correction, please mention this item's handle: RePEc:eko:ekoeko:17_28. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marta Höffner)
If references are entirely missing, you can add them using this form.