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Measuring Savings

Author

Listed:
  • Mark Schreiner

    (Washington University in St. Louis)

Abstract

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.

Suggested Citation

  • Mark Schreiner, 2001. "Measuring Savings," Microeconomics 0108004, University Library of Munich, Germany, revised 27 Dec 2001.
  • Handle: RePEc:wpa:wuwpmi:0108004
    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
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/mic/papers/0108/0108004.pdf
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    References listed on IDEAS

    as
    1. Schultz, Theodore W, 1980. "Nobel Lecture: The Economics of Being Poor," Journal of Political Economy, University of Chicago Press, vol. 88(4), pages 639-651, August.
    2. James M. Poterba & Steven F. Venti, 1998. "Lump-Sum Distributions from Retirement Saving Plans: Receipt and Utilization," NBER Chapters, in: Inquiries in the Economics of Aging, pages 85-108, National Bureau of Economic Research, Inc.
    3. Schultz, Theodore W., 1979. "The Economics of Being Poor," Nobel Prize in Economics documents 1979-1, Nobel Prize Committee.
    4. Golan, Amos & Judge, George G. & Miller, Douglas, 1996. "Maximum Entropy Econometrics," Staff General Research Papers Archive 1488, Iowa State University, Department of Economics.
    5. Andrew A. Samwick & Jonathan Skinner, 1996. "Abandoning the Nest Egg? 401(k) Plans and Inadequate Pension Saving," NBER Working Papers 5568, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Koen Rossel-Cambier, 2012. "Can Combined Microfinance Boost Economic Results? An Empirical Cross-sectional Analysis," Review of Economics & Finance, Better Advances Press, Canada, vol. 2, pages 79-94, August.

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    More about this item

    Keywords

    Savings incentives; financial literacy; welfare reform;
    All these keywords.

    JEL classification:

    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate

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