Demography and social economy, 2017, 2(30):202-210
doi: https://doi.org/10.15407/dse2017.02.202
УДК 330.567.2 (477)
JEL СLASSIFICATION: D14

A.V. Veremchuk
graduate student
Ptoukha Institute for Demography and Social Studies of the National Academy of Sciences of Ukraine
01032, Ukraine, Kyiv, blvd. Taras Shevchenko, 60
Е-mail: anne.veremtchouk @gmail.com

RESOURCE POTENTIAL OF UKRAINIAN HOUSEHOLDS’ SAVINGS
Section: RESEARCHS OF YOUNG SCIENTISTS
Language: Ukrainian
Abstract: The paper is devoted to the study of the potential influence of Ukrainian households’ savings on their standard of living. For this purpose, firstly the author described the structure of households’ expenditures (including savings) during the period which covers the two latest economic crises (from 2008 to 2015). The potential of savings as a financial safety cushion is analysed, i.e. whether savings of middle-class representatives could replace income in case of its loss. The spending of savings in such situations enables households not only to survive during the period of economic crisis, supporting habitual consumption level, but also to avoid downward mobility. To assess the period during which savings can replace household income, the author introduces an approach based not on subjective estimates made by savings owners, but on analysis of households’ expenditures. The information base for the study is the results of Ukrainian Households Living Conditions Survey, which is conducted on a regular basis by the State Statistics Service of Ukraine.
Key words: household savings, middle class, savings potential.
References:
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