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Savings in Latvia

  • Agnese Bicevska

    (Bank of Latvia)

  • Aleksejs Melihovs

    (Bank of Latvia)

  • Krista Kalnberzina

    (Bank of Latvia)

A high saving rate is the foundation of a sustainable national social and economic policy. Nevertheless, boosting saving is not an end in itself. The process of making savings should be analysed taking into account several related aspects. This paper aims at conducting a detailed and comprehensive analysis of saving behaviour in Latvia and its estimation in the global context. Household saving behaviour and saving habits are in a particular focus and are examined econometrically using a unique source of Latvia's micro data, i.e. household budget surveys.

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File URL: http://www.macroeconomics.lv/sites/default/files/dm_2009-1_en.pdf
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Paper provided by Latvijas Banka in its series Discussion Papers with number 2009/01.

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Date of creation: 01 Oct 2009
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Handle: RePEc:ltv:dpaper:200901
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  1. Kitamura, Yukinobu & Takayama, Noriyuki & Arita, Fumiko, 2001. "Household savings in Japan revisited," Research in Economics, Elsevier, vol. 55(2), pages 135-153, June.
  2. John K Gibson & Grant M Scobie, 2001. "Household Saving Behaviour in New Zealand: A Cohort Analysis," Treasury Working Paper Series 01/18, New Zealand Treasury.
  3. Aleksejs Meļihovs & Anna Zasova, 2009. "Assessment of the natural rate of unemployment and capacity utilisation in Latvia," Baltic Journal of Economics, Baltic International Centre for Economic Policy Studies, vol. 9(2), pages 25-46, December.
  4. Alexander Ludwig & Torsten Sløk, 2002. "The Impact of Changes in Stock Prices and House Priceson Consumption in OECD Countries," IMF Working Papers 02/1, International Monetary Fund.
  5. Mechthild Schrooten & Sabine Stephan, 2003. "Back on Track? Savings Puzzles in EU Accession Countries," Economics Working Papers 023, European Network of Economic Policy Research Institutes.
  6. Marialuz Moreno Badia, 2006. "Who Saves in Ireland? T+L3251he Micro Evidence," IMF Working Papers 06/131, International Monetary Fund.
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