CULTURAL ASPECTS OF HOUSEHOLDS SAVING BEHAVIOR
L Shkvarchuk, R Slav'yuk - European Science, 2024 - desymp.promonograph.org
L Shkvarchuk, R Slav'yuk
European Science, 2024•desymp.promonograph.org… In this research, we investigate whether cultural aspects in different countries influence
the choice of saving instruments. For this purpose, we have analyzed the household saving
behavior in different countries during the 27-years period (19952022), also we used some
data till 2023. The study based on the data of 10 countries regarding the choice of … We
believe that significant differences in the structure of the portfolio of instruments in the
sample countries are due to the national peculiarities of household saving behavior. …
the choice of saving instruments. For this purpose, we have analyzed the household saving
behavior in different countries during the 27-years period (19952022), also we used some
data till 2023. The study based on the data of 10 countries regarding the choice of … We
believe that significant differences in the structure of the portfolio of instruments in the
sample countries are due to the national peculiarities of household saving behavior. …
Abstract
The study examines the impact of national cultural characteristics on household saving behavior in ten OECD countries from 1995 to 2022. By analyzing the structure of savings instruments, the authors show that national culture affects the preference for s
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