Savings in Latvia

Agnese Bičevska, Aleksejs Meļihovs and Krista Kalnberzina

No 2009/01, Discussion Papers from Latvijas Banka

Abstract: A high saving rate is the foundation of a sustainable national social and economic policy. Nevertheless, boosting saving is not an end in itself. The process of making savings should be analysed taking into account several related aspects. This paper aims at conducting a detailed and comprehensive analysis of saving behaviour in Latvia and its estimation in the global context. Household saving behaviour and saving habits are in a particular focus and are examined econometrically using a unique source of Latvia's micro data, i.e. household budget surveys.

Keywords: savings; household saving habits; micro data; cross-section model (search for similar items in EconPapers)
JEL-codes: C21 D12 D14 E21 O16 (search for similar items in EconPapers)
Date: 2009-10-01
New Economics Papers: this item is included in nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:ltv:dpaper:200901

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