Proceedings of the International Conference on Trends of Technologies and Innovations in Economic and Social Studies 2017

Households consumption and savings in volatile social and economic environment

Authors
Olga Kozlova, Yevgenya Tuhtarova, Natalia Neklyudova
Corresponding Author
Olga Kozlova
Available Online June 2017.
DOI
https://doi.org/10.2991/ttiess-17.2017.59How to use a DOI?
Keywords
consumption; savings; population incomes; volatile economy; inflation expectations
Abstract
The paper provides an overview of social and economic features of household savings as one of the major sources of internal investments. Additionally, it analyses the influence of external and internal factors on the formation of household saving and consumption as exemplified by the 2000-2015 review of the Ural Federal District. The paper also considers the influence of the inflationary component in the region's economy and interest rates for deposits on saving dynamics being an indicator of the living standard and a source of population investment growth. The obtained results indicate that the factors influencing redistribution of the population income between consumption and saving depend not only on economic stability, economic climate, inflationary expectations, but also on conditions of the population spare cash accumulation within the banking sector.
Open Access
This is an open access article distributed under the CC BY-NC license.

Download article (PDF)

Proceedings
Part of series
Advances in Economics, Business and Management Research
Publication Date
June 2017
ISBN
978-94-6252-408-8
ISSN
2352-5428
DOI
https://doi.org/10.2991/ttiess-17.2017.59How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Olga Kozlova
AU  - Yevgenya Tuhtarova
AU  - Natalia Neklyudova
PY  - 2017/06
DA  - 2017/06
TI  - Households consumption and savings in volatile social and economic environment
PB  - Atlantis Press
SP  - 355
EP  - 360
SN  - 2352-5428
UR  - https://doi.org/10.2991/ttiess-17.2017.59
DO  - https://doi.org/10.2991/ttiess-17.2017.59
ID  - Kozlova2017/06
ER  -