The ascertainment of savings flows
DOI:
https://doi.org/10.13133/2037-3643/11660Keywords:
Total savings flow, Italian experience, household sector, theory, statistical progress, financial fundsAbstract
The article recollects the theoretical and statistical progress that has been reached in the estimation of the total savings flow. While Germany’s or the United State’s standards are very advanced, the Italian experience must be regarded as relatively backwards. In general there remain no justifications for inferring from the trend of the total amount of financial funds the trend of total savings. Only for the household sector, the financial assets at its disposal can generally be identified with savings of the same sector, provided a number of conditions are met.
JEL: E21, H31