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SAVING IN FOREIGN CURRENCY AND ITS EFFECTS: AN EMPIRICAL ANALYSIS

Oana Nitu (), Claudiu Valentin Nitu () and Cosmin Tileaga ()
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Oana Nitu: Ovidius University of Constanta, Romania
Claudiu Valentin Nitu: Dimitrie Cantemir University of Bucharest, Romania

HOLISTICA Journal of Business and Public Administration, 2012, vol. 3, issue 2, 7-17

Abstract: Studying the ways of training, of the influence factors and of the ways to place people's savings by making such research, offers the possibility of scientific development and reasoning of the appropriate model of population on saving in the difficult conditions in which Romania is now. Household savings trends are reflected in the standards of living and welfare. Savings, as an influencing factor of the standard of living and welfare, depend on the level of inflation, the interest rate liabilities and the income, which suggests that, before drawing any conclusion about saving, changes of the size of people savings should be considered. In Romania, in the current period, a series of studies and analyzes occurs, in which, statistically, multiple concepts of living are assessed and defined. These studies were signed by researchers from the National Institute of Statistics, the National Bank and the Deposit Guarantee Fund in the Banking System.

Keywords: savings; currency savings; dynamics; deposits (search for similar items in EconPapers)
JEL-codes: D D1 D13 D14 E2 E21 (search for similar items in EconPapers)
Date: 2012
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