This paper investigates the factors behind what determine household saving behaviour. Observing the persistence differences of household saving ratio in OECD countries, serves as the base for the empirical study. Taking stance from economic theory and previous papers to formulate the method and likely explanatory variables suitable for this study, a model is specified based on the theoretical and empirical discussions. The result of the empirical analysis estimation finds that the explanatory variables accomplish to explain some of the household saving behaviour. Confirming and expanding on the discussion on the theoretical and empirical discussions. Factors such as uncertainty and fiscal policy are found to have a significant effect on household saving, while failing to prove other established determinants, like demographic factors. Among other included factors considered.
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:umu-157920 |
| Date | January 2018 |
| Creators | Ögren, Anton |
| Publisher | Umeå universitet, Nationalekonomi |
| Source Sets | DiVA Archive at Upsalla University |
| Language | English |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
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