Does the retirement saving motive foster higher savings? The evidence from the Polish household survey

• Authors: Marcinkiewicz Edyta
• Languages of publication: EN

Abstracts

EN

This study focuses on the role of the retirement motive for saving behaviour. It examines empirically the research hypothesis that controlling for a set of economic and sociodemographic individual characteristics, households reporting the retirement motive are more likely to have higher savings compared to households driven exclusively by other motives of saving. Micro data from the three waves (2011, 2013 and 2015) of the Polish household survey Social Diagnosis is used for the study. In an ordered logistic regression framework it proves that the old age saving motive is a significant predictor of the size of savings relative to household income.

Keywords

EN

Household savings; retirement savings; saving motives; social diagnosis

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Prague Development Center, Czech Republic
• Journal: Business and Economic Horizons
• Year: 2018
• Volume: Volume 14
• Issue: Issue 1
• Pages: 85-96

Dates

published

2018-01-24

Contributors

author

Marcinkiewicz Edyta

• Faculty of Management and Production Engineering, Lodz University of Technology, Poland

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