HouseholdsХ Monetary Savings over the Life Cycle

Aleksandra Burdyak

Finansovyj žhurnal — Financial Journal, 2014, issue 1, 129-140

Abstract: We analyze savings behavior of households since 2000. On surveys data it is shown that the practice to save has become more common. Over the life cycle propensity to save has an U-shaped form, being maximal in the early stages of the family formation and in the latest ones. Rare practices to save Тfor old ageУ among the middle-age working people make it relevant to induce changes in financial behavior of households in the context of the ongoing pension reform.

Keywords: monetary savings; financial behavior; lifecycle; welfare; census (search for similar items in EconPapers)
JEL-codes: D14 H31 P46 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:140114:p:129-140

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