Arbeitspapier
The determinants of household saving behaviour in Malta
This study analyses the determinants of the aggregate household saving rate in Malta; an important macroeconomic variable which in standard short-term analysis is considered as a 'residual'. The aggregate household saving rate, fluctuated significantly over the past thirteen years, rising from 6.4% in 2000 to 10.3% by 2002, falling significantly to 4.1% by 2006, doubling to 8.4% during 2007 and stabilising between 5% and 7% in the years 2008 to 2012. Such sharp swings warrant an investigation to uncover the underlying drivers, and this paper finds evidence that the estimate of the saving rate correlates with a set of macroeconomic variables The results of an estimated equation are in line with the theory and robust to different estimation techniques.
- Sprache
-
Englisch
- Erschienen in
-
Series: CBM Working Papers ; No. WP/03/2014
- Klassifikation
-
Wirtschaft
Business Fluctuations; Cycles
Fiscal Policy
Taxation, Subsidies, and Revenue: General
National Government Expenditures and Related Policies: General
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gatt, William
- Ereignis
-
Veröffentlichung
- (wer)
-
Central Bank of Malta
- (wo)
-
Valletta
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
- 10.03.2025, 10:44 UTC
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Gatt, William
- Central Bank of Malta
Entstanden
- 2014
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