and bond investments during accumulation of pension savings. The model has been proposed and analyzed by the authors. We … of saving, the level of savings and the short rate. We furthermore summarize the results of testing the model on the …

managers alike. Both professions have found it increasingly difficult to forecast savings deposit flows. This article explores … models of the savings deposit market. To achieve this aim, I use the so-called FMP (MPS) macro model used by the Federal … savings bank in the US. I find that economists failed to find timeless determinants for the market for savings deposits …