Second, I find that the behaviour of the savings ratio fits well with consumption theory.
Here the focus is on the savings ratio, the stationarity of which confirms that consumption and income are cointegrated.
Similarly, household savings ratio for South and for North shown in Table 1 corresponds roughly to the personal savings ratios in EMU core and periphery exhibited in Fig.
Fifth, while the savings ratios under financial autarky generated by the model are roughly in accordance with the empirical facts exhibited in Fig.
In addition, savings ratios
in East and South East Asia -- among the highest in the world -- are not being utilised, according to the ADB.
Viewed in terms of savings ratios
(the percentage of gross disposable income represented by savings), the Italians still ranked first with 21.4%, but the Portuguese came second with 19.7% Inflation tumbles in candidate countries.
For all Nordic countries except Sweden, the net fiscial savings ratio
decreased more than the savings ratio
in the period of the falling trend for savings ratios
In all leading OECD economies savings ratios
were falling and debt-income ratios rising as people were encouraged to borrow more in order to spend more.
They base their findings on median savings ratios
by age from the 1983 and 1986 Surveys of Consumer Finances.
Halifax pointed out that these findings are set against a backdrop of one of the lowest savings ratios
for 40 years.
Mr Santer said Asian economies were very dynamic, had a solid resource base, high savings ratios
, skilled labour and benefited from entrepreneurial dynamism.
However, the effect was dampened by a fall in the household savings ratio