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Does the saving behaviour of the european countries indicate the similar tendencies or can they be grouped regarding their saving behaviour?

Author

Listed:
  • Ozlem Yorulmaz

    (Istanbul University)

  • Oya Ekici

    (Istanbul University)

Abstract

Saving behaviours of countries are shaped with the effects of the some elements as social policies, age structures, cultures, and so forth. Inherently these elements change country to country. Since the possible European countries saving behaviour variation can be seen as a striking issue, the paper aims to explore and classify the different structured countries. For the purpose the classification process is based on Modigliani's life-cycle model and performed with robust approach.

Suggested Citation

  • Ozlem Yorulmaz & Oya Ekici, 2009. "Does the saving behaviour of the european countries indicate the similar tendencies or can they be grouped regarding their saving behaviour?," Economics Bulletin, AccessEcon, vol. 29(1), pages 1-3.
    • Handle: RePEc:ebl:ecbull:eb-09-00038
    as

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    File URL: http://www.accessecon.com/pubs/EB/2009/Volume29/EB-09-V29-I1-A3.pdf
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    More about this item

    Keywords

    Life-cycle savings model; outlying European countries for saving comparison; robust outlier detection.;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment

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