IDEAS home Printed from https://ideas.repec.org/a/ids/ijtrgm/v10y2017i1p115-122.html
   My bibliography  Save this article

Household savings of Slovakia: effects of banks, dependency ratio, transitory income and unemployment

Author

Listed:
  • Renáta Pitoňáková

Abstract

The paper focuses on determinants of household savings in Slovakia applying quarterly data 1995 Q1 to 2015 Q1. The outcomes from the ARDL procedure suggest that in the long-run households are expecting their permanent income to be above their current income and that is associated with their dissaving behaviour, while favourable conditions in the short-run stimulate households to raise savings. The impact of credit institutions on savings is positive. Saving rate and dependency ratio of elderly stands in contradiction to the Life-Cycle Hypothesis as elderly population increases savings. Unemployment rate indicates a precautionary saving motive. About 63% of disequilibrium in the previous quarter will be corrected in the current quarter.

Suggested Citation

  • Renáta Pitoňáková, 2017. "Household savings of Slovakia: effects of banks, dependency ratio, transitory income and unemployment," International Journal of Trade and Global Markets, Inderscience Enterprises Ltd, vol. 10(1), pages 115-122.
    • Handle: RePEc:ids:ijtrgm:v:10:y:2017:i:1:p:115-122
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=82374
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijtrgm:v:10:y:2017:i:1:p:115-122. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=130 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.