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Titre Du nouveau sur le taux d'épargne des ménages ?
Auteur Jean-Pierre Villetelle, Pierre Sicsic
Mir@bel Revue Economie et prévision
Numéro no 121, 1995/5 Comportements des ménages
Rubrique / Thématique
Modélisation de la fonction de consommation macro-économique
Page 59-64
Résumé anglais Further Study of the Household Savings Rate, by Pierre Sicsic and Jean-Pierre Villetelle. In line with the Bonnet and Dubois article in this issue, we also observe gaps in the most basic consumer spending equation linking consumption, income and inflation. Factoring in fluctuations in short-term consumer loans to households stabilizes the coefficients, which growth in the unemployment rate is unable to do. Factoring in the real interest rate in the same way as Bonnet and Dubois provides an equation with properties similar to that including short-term consumer loans, on the condition that we admit the influence of a dummy variable limited to the 1986-1990 period. This reveals that the greatest anomaly is in the low savings rate level from 1986 to 1990 rather than during the most recent period.
Source : Éditeur (via Persée)
Article en ligne http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_1995_num_121_5_5758