Households' savings behaviour in Malaysia - A HES analysis

Faridah Pardi, Salleh Arifin, Azhana Othman, Wook Endut

    Research output: Contribution to journalArticle

    Abstract

    The main objective of this paper is to analyze some factors that may affect level of saving among household in Malaysia; and to test the validity of life-cycle hypothesis using the Household Expenditure Survey (HES) 2004/5 obtained from Department of Statistics, Malaysia. Two statistical methods were applied in this paper, the OLS (Ordinary-Least Square Method) and WLS (Weighted-Least Square Method). The findings have supported the life-cycle framework; with most of the variables were significantly affect households' level of saving. The finding is hoped to assist the policymakers with better understanding in households' savings behaviour.

    Original languageEnglish
    Pages (from-to)1-17
    Number of pages17
    JournalMalaysian Journal of Consumer and Family Economics
    Volume14
    Issue number1
    Publication statusPublished - 2011

    Fingerprint

    Saving behavior
    Household expenditure
    Household saving
    Least square method
    Malaysia
    Life cycle hypothesis
    Factors
    Weighted least squares
    Ordinary least squares
    Politicians
    Statistical methods
    Life cycle
    Statistics
    Household

    ASJC Scopus subject areas

    • Economics, Econometrics and Finance(all)

    Cite this

    Pardi, F., Arifin, S., Othman, A., & Endut, W. (2011). Households' savings behaviour in Malaysia - A HES analysis. Malaysian Journal of Consumer and Family Economics, 14(1), 1-17.

    Households' savings behaviour in Malaysia - A HES analysis. / Pardi, Faridah; Arifin, Salleh; Othman, Azhana; Endut, Wook.

    In: Malaysian Journal of Consumer and Family Economics, Vol. 14, No. 1, 2011, p. 1-17.

    Research output: Contribution to journalArticle

    Pardi, F, Arifin, S, Othman, A & Endut, W 2011, 'Households' savings behaviour in Malaysia - A HES analysis', Malaysian Journal of Consumer and Family Economics, vol. 14, no. 1, pp. 1-17.
    Pardi, Faridah ; Arifin, Salleh ; Othman, Azhana ; Endut, Wook. / Households' savings behaviour in Malaysia - A HES analysis. In: Malaysian Journal of Consumer and Family Economics. 2011 ; Vol. 14, No. 1. pp. 1-17.
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