According to gender-based indicators, men in Turkey tend to save more than women, and their personal savings ratio
has grown, despite the increasing level of employment of women.
3 portrays a substantially lower personal savings ratio (= household savings as percent of disposable income) in the periphery than in the core.
Fact 2: Accompanied by a significantly lower personal savings ratio in euro periphery relative to the core, housing inves tment expenditures in the periphery experienced a boom, while housing investment declined in the core countries.
3 above shows, the personal savings ratio in EMU's periphery was persistently lower than in the EMU core countries.
Among them, we have in the periphery a rising personal savings ratio instead of the empirically observed decline and an insufficiently rapid increase in periphery's real exchange rate.
The satisfaction of these desires, in the form of mass ownership of consumer durables, is seen both as a measure of the prosperity of the country and as a harbinger of doom to those concerned about falling trends in the personal savings ratio
. Exactly how, when, and why the American love affair with consumer durables began is the subject of Martha Olney's fascinating book.