They also have less propensity to save
which may stem from the fact that during the financial crisis in 2007-2008, they were still in their mid-teens," Tareq Bin Hendi, acting chief investment officer at Emirates NBD told Gulf News .
This is particularly so given the higher propensity to save
and remit of lower-level expatriate labour, which is foregone domestic consumption.
Second, inflationary pressure may stem from changes in households' behaviour as the propensity to save
becomes much lower.
In a two sector model, if we begin from equilibrium income and then permit investment to rise, the change in equilibrium income is equal to the inverse of the marginal propensity to save
times the change in investment: [DELTA]Y = 1/[alpha] [DELTA]I where [DELTA]yis the change in equilibrium income, [alpha] is the marginal propensity to save
and [DELTA]I is the change in investment.
Industrial revival is the key to achieve economic success because it has the highest propensity to save
, grow and earn profit.
Africa is hungry for capital, especially in infrastructure and its propensity to save
is too low to meet the huge demand.
The calculation is carried out for different values of the propensity to save
The USA's favourable regulatory environment, high propensity to save
in equities and the size of its retirement savings market all mean that the USA is the most promising market for robo advice.
Horioka and Terada-Hagiwara explore the determinants and long-term projections of saving rates in the region, namely its propensity to save
excessively and under-invest.
If there is high inequality but marginal propensity to save
of the rich is higher than the poor then higher inequality may lead to higher savings but if rich have lower propensity to save
than poor then higher inequality may reduce savings.
An increasing concentration of income at the top, combined with top earners' high propensity to save
, then leads to the chronic shortfall of aggregate demand that characterises secular stagnation.
Singaporeans have a high propensity to save
, but unlike consumers in other markets are not inclined to choose their existing current account provider for their savings account.