This study investigates Life Cycle Hypothesis savings behaviour among South African
households. The mobility matrix methodology as well as a multivariate regression analysis
was employed to assess the implications of a permanent increase and a temporary decrease in
household incomes based on the impacts of the global financial crisis. Using the General
Household Survey data from 2002 - 2010, the study concludes that life cycle savings were
greater during the period of 2002 - 2004 (,pre-financial crisis') compared with the period of
2008 - 2010 (,post-financial crisis'). Overall, the global financial crisis significantly
negatively impacted household retirement savings.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:wits/oai:wiredspace.wits.ac.za:10539/16107 |
| Date | 22 December 2014 |
| Creators | Ting, Ling-Hsuan |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Thesis |
| Format | application/pdf |
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