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Does the retirement saving motive foster higher savings? The evidence from the Polish household survey

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  • Edyta Marcinkiewicz

Abstract

This study focuses on the role of the retirement motive for saving behaviour. It examines empirically the research hypothesis that controlling for a set of economic and sociodemographic individual characteristics, households reporting the retirement motive are more likely to have higher savings compared to households driven exclusively by other motives of saving. Micro data from the three waves (2011, 2013 and 2015) of the Polish household survey Social Diagnosis is used for the study. In an ordered logistic regression framework it proves that the old age saving motive is a significant predictor of the size of savings relative to household income.

Suggested Citation

  • Edyta Marcinkiewicz, 2018. "Does the retirement saving motive foster higher savings? The evidence from the Polish household survey," Business and Economic Horizons (BEH), Prague Development Center, vol. 14(1), pages 85-96, January.
    • Handle: RePEc:pdc:jrnbeh:v:14:y:2018:i:1:p:85-96
    DOI: 10.15208/beh.2018.7
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    References listed on IDEAS

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    Cited by:

    1. Pankhuri Sinha & Lokanandha Reddy Irala, 2025. "Prepared for retirement? Think again: a systematic review and future research agenda," Management Review Quarterly, Springer, vol. 75(1), pages 1-38, February.

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    Keywords

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    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions

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