ANALYSIS OF HOUSEHOLD SAVING FACTORS IN BOSNIA AND HERZEGOVINA - APPLICATION OF ARDL METHODOLOGY

Most papers in the field of private saving deal with the analysis of private saving as a whole without special consideration of its individual components. This paper is, therefore, focused on the analysis of one of the components of private saving and its factors, and that is the household saving....

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Main Author: Irma Đidelija
Format: Article
Language:English
Published: Faculty of Economics, University of Tuzla 2020-11-01
Series:Economic Review
Subjects:
Online Access:http://er.ef.untz.ba/index.php/er/article/view/71
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author Irma Đidelija
author_facet Irma Đidelija
author_sort Irma Đidelija
collection DOAJ
description Most papers in the field of private saving deal with the analysis of private saving as a whole without special consideration of its individual components. This paper is, therefore, focused on the analysis of one of the components of private saving and its factors, and that is the household saving. The analysis was conducted on household saving in Bosnia and Herzegovina (BiH), which, viewed as the sum of saving and time deposits, recorded a cumulative growth of 97% from the outbreak of the global financial crisis until September 2016. The aim of this research is to determine which factors favored the positive trends of household saving in BiH in the period 2000q1-2016q3. As a methodological tool for achieving the research goal and testing the defined hypothesis, the ARDL methodology was used. By applying the ARDL methodology, the work hypothesis was confirmed. Macroeconomic factors have an impact on household saving in BiH.
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institution Kabale University
issn 1512-8962
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language English
publishDate 2020-11-01
publisher Faculty of Economics, University of Tuzla
record_format Article
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spelling doaj-art-1629452a90934addb47d8076a0c7da5b2025-02-10T00:30:53ZengFaculty of Economics, University of TuzlaEconomic Review1512-89622303-680X2020-11-01182 ANALYSIS OF HOUSEHOLD SAVING FACTORS IN BOSNIA AND HERZEGOVINA - APPLICATION OF ARDL METHODOLOGYIrma Đidelija0Faculty of Economics, University of Džemal Bijedić in Mostar, Bosnia and Herzegovina Most papers in the field of private saving deal with the analysis of private saving as a whole without special consideration of its individual components. This paper is, therefore, focused on the analysis of one of the components of private saving and its factors, and that is the household saving. The analysis was conducted on household saving in Bosnia and Herzegovina (BiH), which, viewed as the sum of saving and time deposits, recorded a cumulative growth of 97% from the outbreak of the global financial crisis until September 2016. The aim of this research is to determine which factors favored the positive trends of household saving in BiH in the period 2000q1-2016q3. As a methodological tool for achieving the research goal and testing the defined hypothesis, the ARDL methodology was used. By applying the ARDL methodology, the work hypothesis was confirmed. Macroeconomic factors have an impact on household saving in BiH. http://er.ef.untz.ba/index.php/er/article/view/71household savinghousehold saving factorsARDL methodology
spellingShingle Irma Đidelija
ANALYSIS OF HOUSEHOLD SAVING FACTORS IN BOSNIA AND HERZEGOVINA - APPLICATION OF ARDL METHODOLOGY
Economic Review
household saving
household saving factors
ARDL methodology
title ANALYSIS OF HOUSEHOLD SAVING FACTORS IN BOSNIA AND HERZEGOVINA - APPLICATION OF ARDL METHODOLOGY
title_full ANALYSIS OF HOUSEHOLD SAVING FACTORS IN BOSNIA AND HERZEGOVINA - APPLICATION OF ARDL METHODOLOGY
title_fullStr ANALYSIS OF HOUSEHOLD SAVING FACTORS IN BOSNIA AND HERZEGOVINA - APPLICATION OF ARDL METHODOLOGY
title_full_unstemmed ANALYSIS OF HOUSEHOLD SAVING FACTORS IN BOSNIA AND HERZEGOVINA - APPLICATION OF ARDL METHODOLOGY
title_short ANALYSIS OF HOUSEHOLD SAVING FACTORS IN BOSNIA AND HERZEGOVINA - APPLICATION OF ARDL METHODOLOGY
title_sort analysis of household saving factors in bosnia and herzegovina application of ardl methodology
topic household saving
household saving factors
ARDL methodology
url http://er.ef.untz.ba/index.php/er/article/view/71
work_keys_str_mv AT irmađidelija analysisofhouseholdsavingfactorsinbosniaandherzegovinaapplicationofardlmethodology