SUMMARY
The household saving ratio summarises the income and expenditure positions of the household sector. This article considers developments in the ratio during the current recession, discussing the drivers in income and consumption and their interaction in the context of developments in the labour market, government policy and wider economic conditions.
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Examines current developments in the ratio in view of the recent deterioration in household balance sheets
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Davies, C., Fender, V. & Williams, B. Recent developments in the household saving ratio. Econ Lab Market Rev 4, 16–24 (2010). https://doi.org/10.1057/elmr.2010.64
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DOI: https://doi.org/10.1057/elmr.2010.64