Abstract

http://ssrn.com/abstract=314317
 
 

Citations (3)



 
 

Footnotes (18)



 


 



Determinants of Household Saving in Australia


Mark N. Harris


Curtin University

Joanne Loundes


affiliation not provided to SSRN

Elizabeth M. Webster


University of Melbourne - Melbourne Institute of Applied Economic and Social Research


Economic Record, Vol. 78, pp. 207-223, 2002

Abstract:     
This paper uses a unique survey of consumers to test several separate but inter-related hypotheses of household saving. Unit records from 17,585 Australian households are available, which enables the incorporation of a range of household characteristics that may be important factors for saving behaviour, but which are not typically available to researchers undertaking macroeconomic analyses. An ordered probit estimation method is used, and the results support the view that current incomes are perhaps the most important determinant of saving. However, it can also be seen that demographics and householders level of economic optimism play a key role.

Number of Pages in PDF File: 17

Accepted Paper Series


Date posted: May 5, 2003  

Suggested Citation

Harris, Mark N. and Loundes, Joanne and Webster, Elizabeth M., Determinants of Household Saving in Australia. Economic Record, Vol. 78, pp. 207-223, 2002. Available at SSRN: http://ssrn.com/abstract=314317

Contact Information

Mark N. Harris (Contact Author)
Curtin University ( email )
GPO Box U1987
Perth, 6845
Australia
HOME PAGE: http://business.curtin.edu.au/contact/staff_directory/?profile=Mark-Harris
Joanne Loundes
affiliation not provided to SSRN
Elizabeth M. Webster
University of Melbourne - Melbourne Institute of Applied Economic and Social Research ( email )
Level 5, 111 Barry Street
Parkville, Victoria 3010
Australia
Feedback to SSRN


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Downloads: 16
Citations:  3
Footnotes:  18

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