The evolution of the savings rate in Europe – empirical evidences

Adrian Simion
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Adrian Simion: Bucharest Academy of Economic Studies, Romania

Theoretical and Applied Economics, 2015, vol. XXII, issue Special(I), 19-26

Abstract: This paper is showing the savings rate’s evolution in the EU-28 area in the last decade. In order to emphasize the effects of the crisis, we used a couple of comparisons between the savings rate in the EU-28 group and the main European regions (calculated as averages) for the same indicator. The last part of this study consists in an econometric model, which analyzes the correlation between the Economic Sentiment Index (ESI) and the savings rate (EU-28) between 2001 and 2012.

Keywords: saving; economic sentiment indicator; crisis. (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxii:y:2015:i:special(i):p:19-26

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