The euro-leu argument in the population’s preferences for savings placement

Dan Florentin Sichigea and Lorena Tupangiu
Additional contact information
Lorena Tupangiu: University of Craiova

Finante - provocarile viitorului (Finance - Challenges of the Future), 2010, vol. 1, issue 11, 260-264

Abstract: While in the case of the ability to meet credit obligations, in the opinions of the high representatives of banking and financial system, indebtness should be established in the same currency in which each customer is remunerated at work, the majority being paid in lei, an analysis of the population’s placements in bank deposits indicates that during this period of crisis there has been a decrease of natural persons’ deposits in lei and an increase in deposits in foreign currency. The explanation of this way of acting consists either in the traditional tendency to save under the circumstances of an economy frequently undergoing convulsions and conjuncture, or in the scepticism regarding its favourable evolution on a short term, despite all the positive warnings made either by the govern or by the rating agencies themselves. This article proposes a wider analysis of the saving behaviour against the forecasts regarding the evolution of the banking system this year.

Keywords: saving; placement; bank deposits; population’s households (search for similar items in EconPapers)
JEL-codes: G00 G01 G21 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
http://feaa.ucv.ro/FPV/011-36.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2010:i:11:p:260-264

Access Statistics for this article

Finante - provocarile viitorului (Finance - Challenges of the Future) is currently edited by Marin OPRITESCU

More articles in Finante - provocarile viitorului (Finance - Challenges of the Future) from University of Craiova, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Alina Manta ().