Households consumption and savings in volatile social and economic environment
- DOI
- 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.
- Copyright
- © 2017, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
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 BT - Proceedings of the International Conference on Trends of Technologies and Innovations in Economic and Social Studies 2017 PB - Atlantis Press SP - 355 EP - 360 SN - 2352-5428 UR - https://doi.org/10.2991/ttiess-17.2017.59 DO - 10.2991/ttiess-17.2017.59 ID - Kozlova2017/06 ER -