Pattern of households' savings: a tale of two surveys
By: Buragohain, T. and Das, S.K
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BookPublisher: The India Journal of Economics Description: 99(393), Oct, 2018: p.193-203.Subject(s): Income, Marginal income| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 99(393), Oct, 2018: p.193-203 | Available | AR123083 |
This paper attempts to assess the households’ savings behavior from two sets of nationality representative penal data- IHDS -1 and IHDS-II ( India Human development survey). The study finds that each income quintile is not a homogeneous grope. Among top income quintiles, there are households whose expenditure exceeds income. The study funds that households’ income is the major determinants of consumption expenditure and savings. The estimated marginal propensity to spend on consumption lies between zero and one among all quintiles. Hence, the satisfied the Keynesian hypothesis with recent primary households’ data. - Reproduced


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