Explaining the Composition of Household Saving Flows and their Relationship to Aggregate Saving in France

Dominique Strauss-Kahn
Additional contact information
Dominique Strauss-Kahn: University Of Paris-X

Chapter 8 in The Determinants of National Saving and Wealth, 1983, pp 180-200 from Palgrave Macmillan

Abstract: Abstract The standard procedure of estimating an aggregate saving function is ill-suited to the task of identifying interest rate effects. Different forms of saving are affected by interest rates in a variety of ways, and only a disaggregated saving model is really capable of detecting these. In particular, in such a model one can pick up substitution between assets, a feature of saving behaviour that has been hitherto ignored in empirical work in France, in addition to the usual substitution between saving and consumption. In this paper a disaggregated saving model is estimated using French data. This reveals some new insights into recent saving behaviour in France.

Keywords: Interest Rate; Ordinary Little Square; House Price; Financial Asset; Bond Yield (search for similar items in EconPapers)
Date: 1983
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:intecp:978-1-349-17028-9_8

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349170289

DOI: 10.1007/978-1-349-17028-9_8

Access Statistics for this chapter

More chapters in International Economic Association Series from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().