Understanding the Determinants of Household Saving: Micro Evidence for Latin America

Arbeitspapier

This study centers on the household saving rate in Latin America by constructing a new database from 27 household surveys in 10 countries. At the statistical level, about half of the households present negative saving. This fact, coupled with the discrepancy with national accounts data, suggests some degree of income underreporting and/or consumption overreporting. The estimations highlight the overriding positive role of income in shaping saving decisions. Many other controls prove to be significant as well. In terms of household saving promotion, our paper leaves little room for optimism.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Documento de Trabajo ; No. 189

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡ ; Macroeconomics: Consumption; Saving; Wealth
• Thema: Household Saving ; Latin America ; Microdata

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Bebczuk, Ricardo ; Gasparini, Leonardo ; Garbero, Noelia ; Amendolaggine, Julian
• Ereignis: Veröffentlichung
• (wer): Universidad Nacional de La Plata, Centro de Estudios Distributivos, Laborales y Sociales (CEDLAS)
• (wo): La Plata
• (wann): 2015

Weitere Informationen

• Handle: http://hdl.handle.net/10419/127705
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ