Households consumption and savings in volatile social and economic environment

Olga Kozlova, Yevgenya Tuhtarova, Natalia Neklyudova
2017 Proceedings of the International Conference on Trends of Technologies and Innovations in Economic and Social Studies 2017   unpublished
The paper provides an overview of social and economic features of household savings as one of the major sources of internal investments. Additionally, it analyses the influence of external and internal factors on the formation of household saving and consumption as exemplified by the 2000-2015 review of the Ural Federal District. The paper also considers the influence of the inflationary component in the region's economy and interest rates for deposits on saving dynamics being an indicator of
more » ... e living standard and a source of population investment growth. The obtained results indicate that the factors influencing redistribution of the population income between consumption and saving depend not only on economic stability, economic climate, inflationary expectations, but also on conditions of the population spare cash accumulation within the banking sector.
doi:10.2991/ttiess-17.2017.59 fatcat:vefknvpo4vdrdltewhp2khbnmm