Abstract:
Development depends on saving. But what exactly is saving, and how is it measured? This paper defines saving and describes several measures of financial savings. The measures account for the passage of time and for the three stages of saving: putting in (depositing), keeping in (maintaining a balance), and taking out (withdrawing). Together, the different measures capture how people move financial resources through time.
Keywords:Savings incentives; financial literacy; welfare reform (search for similar items in EconPapers) JEL-codes:D91I3H43 (search for similar items in EconPapers) New Economics Papers: this item is included in nep-mfd Date: 2001-09-02, Revised 2001-12-27 Note: Type of Document - Adobe Acrobat 3.0; prepared on Windows 98; to print on Adobe Acrobat 3.0; pages: 30 ; figures: Included in pdf file View list of references