CONSUMER CONFIDENCE AS A DETERMINANT OF HOUSEHOLD PROPENSITY TO SAVE

ANETA MARIA KLOPOCKA Author-Workplace-Name: UNIVERSITY OF FINANCE AND MANAGEMENT IN WARSAW, POLAND
Authors registered in the RePEc Author Service: Aneta Maria Kłopocka

Annals - Economy Series, 2013, vol. 6, 13-20

Abstract: The following paper elaborates on the significance of saving for the financial stability. The changes in the propensity to save of households in Poland between 1997-2010 are discussed. A regression analysis was carried out in order to test the influence of changes in consumer confidence on the household saving rate. It has been demonstrated that a change in consumer confidence for the positive has a negative impact on the saving rate and a change for the negative contributes to a greater propensity to save.

Keywords: Households; propensity to save; household saving rate; consumer cofidence; financial stability (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2013:v:6:p:13-20

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