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Le choix des ménages entre consommation et épargne en France de 1966 à 1986

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  • Henri Sterdyniak

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

The Household Choice in France Between Consumption and Saving from 1966 to 1986 Henri Sterdyniak After increasing from 15.5 % in 1966 to 18.5 % in 1975, the household saving rate decreased to 12.3 % in 1985. This paper establishes, by means of econometric analysis, three main determinants of the evolution of the saving rate. In the short-run, the main determinant is the inertia of consumption relative to the fluctuations in income. In the medium term, households save more when inflation is high and when purchasing power is growing strongly. On the other hand, consumption behaviour does not seem to be much influenced by the rate of return on savings.

Suggested Citation

  • Henri Sterdyniak, 1987. "Le choix des ménages entre consommation et épargne en France de 1966 à 1986," SciencePo Working papers Main hal-03458102, HAL.
    • Handle: RePEc:hal:spmain:hal-03458102
    DOI: 10.3406/ofce.1987.1111
    Note: View the original document on HAL open archive server: https://hal-sciencespo.archives-ouvertes.fr/hal-03458102
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    References listed on IDEAS

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    Keywords

    Ménages; Consommation; Épargne;
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