households’ income, savings, borrowing and financial wealth evolved in 2018. The improvement in the labour market and the more …) values, and against a backdrop of very low interest rates, sustained household expenditure. The saving rate rose slightly in …

household income, consumption and saving, both at the aggregate level and for the main economies in the area. Drawing on the … consumption during the lockdown meant that saving rebounded in an extraordinary fashion. The outbreak of the second wave and … uncertainty over the scale of the economic impact will contribute, for some time longer, to saving remaining relatively high and …

approaches: a) by testing its theoretical implications on the stability of national saving and the relationship between fiscal … and private saving is detected. In terms of policy implications, these results would suggest that there is some room for …

of private world saving. This paper reports new evidence on the drivers of private saving by applying Bayesian techniques … and saving decisions, and discussing the potential effects of different determinants, we specify a general model that …

their total savings or, alternatively, crowd out savings that would have materialised in other financial vehicles in the … savings generated by this type of scheme. To this end, the financial position of workplace pension scheme participants is … saved in workplace pension schemes increases private savings by around 66 cents. This is the ratio of the difference in …

Rationale Households overall built up a large stock of excess savings during the pandemic. The use of these excess … savings and the potential amount currently available for spending are relevant to understanding how they may support … consumption over the coming quarters. Takeaways •To end-2022, households had barely used the excess savings accumulated during the …

and Facts The basic model: the consumption/saving choice Allowing for a labor/leisure choice (the RBC model) Allowing for …

and Facts; The basic model: the consumption/saving choice; Allowing for a labor/leisure choice (the RBC model); Allowing …