Article detail · 2003
Determinants of private savings behaviour in Turkey
- Year
- 2003
- Type
- article
Data source split
- YÖKSİS YÖKSİS article record
- YÖKSİS venue APPLIED ECONOMICS
- Catalog match (ISSN) Applied Economics
- OpenAlex OpenAlex enrichment (abstract, citations, topics)
Abstract
OpenAlex · English
This study investigates the effects on private saving rates of a number of policy and non-policy variables. The analysis covers the period 1968–1994. The empirical private saving model for Turkey is estimated. The findings support the hypothesis that private saving rates have strong inertia. The evidence indicates that government saving does not tend to crowd out private savings and the Ricardian equivalence does not hold strictly. Income level has a positive impact on private saving rate, and growth rate of income is not statistically significant. From a policy point of view, financial depth and development measures in Turkey suggest that countries with deeper financial systems tend to have higher private saving rates. Private credit and real interest rates try to capture the severity of the borrowing constraints and the degree of financial repression for Turkey. Moreover, the negative impact of life expectancy rate lends support to the life-cycle hypothesis. The precautionary motive for saving is supported by the findings that inflation captures the degree of macroeconomic volatility and has a positive impact on private saving in Turkey.
Topics
Citations
OpenAlex cited_by_count. Not a WoS or Scopus citation count; those sources have no separate column here.
139 citations
OpenAlex cited_by_count (cache / database)
25 publications in the local catalog that cite this work (OpenAlex reference match; not the full global list).
- The dynamics of household final consumption: The role of wealth channel 2019
- Disinflation, Fiscal Sustainability, And Labor Market Adjustment In Turkey 2006
- What are the Demographic Determinants of Savings? An Analysis on Transition Economies (1993-2013) 2016
- What are the Demographic Determinants of Savings An Analysis on Transition Economies 1993 2013 2016
- What Are the Demographic Determinants of Savings? An Analysis on Transition Economies (1993-2013) 2016
- Türkiye’de hanehalklarının gelir, tüketim ve tasarruf davranışlarının yatay kesitlerle bir analizi 2009
- Grey relational analysis between Turkey’s macroeconomic indicators and domestic savings 2017
- Grey relational analysis between Turkey’s macroeconomic indicators and domestic savings 2017
- Determinants of savings in the APEC countries 2015
- ORTA GELİR TUZAĞI VE ORTA GELİR TUZAĞINDAN ÇIKIŞ STRATEJİLERİ 2015