Development depends on saving. But what exactly is saving, and how is it measured? This paper defines saving and describes several measures of financial savings. The measures account for the passage of time and for the three stages of saving: putting in (depositing), keeping in (maintaining a balance), and taking out (withdrawing). Together, the different measures capture how people move financial resources through time.
|Date of creation:||02 Sep 2001|
|Date of revision:||27 Dec 2001|
|Note:||Type of Document - Adobe Acrobat 3.0; prepared on Windows 98; to print on Adobe Acrobat 3.0; pages: 30 ; figures: Included in pdf file|
|Contact details of provider:|| Web page: http://18.104.22.168 |
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in: Inquiries in the Economics of Aging, pages 85-108
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