Household Savings
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A Household Savings is a savings amount for a household.
- Context:
- It can range from being a Short-Term Household Savings (such as in a savings account) to being a Long-Term Household Savings.
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- Example(s):
- Counter-Example(s):
- See: Savings, Household, Personal Savings, Household Savings Rate.
References
2012
- http://stats.oecd.org/glossary/detail.asp?ID=3345
- Household saving is defined in the OECD's Economic Outlook as household sector saving as a per cent of household sector disposable income.
- http://epp.eurostat.ec.europa.eu/statistics_explained/index.php/Glossary:Household_saving
- Household saving, total savings of the household sector in national accounts, may be estimated by subtracting consumption expenditure and the adjustment for the change in net equity of households in pension funds reserves from disposable income.
The latter consists essentially of income from employment and from the operation of unincorporated enterprises, plus receipts of interest, dividends and social benefits minus payments of income taxes, interest and social security contributions.
- Household saving, total savings of the household sector in national accounts, may be estimated by subtracting consumption expenditure and the adjustment for the change in net equity of households in pension funds reserves from disposable income.