People’s consumption and savings in correlation with the investments from the economy

Daniel Toba
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Daniel Toba: University of Craiova, Faculty of Economics and Business Administration, România

Revista Tinerilor Economisti (The Young Economists Journal), 2008, vol. 1, issue 10, 148-153

Abstract: In the present economies, especially in the developed ones, the saving process indisputably concerns the banking institutions, the private funds of pensions and the investment funds. Both the classics, and also J. M. Keynes, considered the individual saving as a primordial source of investments. The sacrificing of the present consumption was considered as the basis of the first stage of the investment process, respectively the savings stage. Nowadays, the main productive investments are constituted based on the credits which have been gotten from the banks.

Keywords: investments; the income effect; non-placed economies; placed economies; investment consumption (search for similar items in EconPapers)
JEL-codes: E00 E2 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:aio:rteyej:v:1:y:2008:i:10:p:148-153

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