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Pattern of households' savings: a tale of two surveys

By: Buragohain, T. and Das, S.K.
Material type: materialTypeLabelBookPublisher: The India Journal of Economics Description: 99(393), Oct, 2018: p.193-203.Subject(s): Income, Marginal income In: The India Journal of EconomicsSummary: 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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Articles Articles 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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