Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Business
The Household's Savings And The Industrial Production : A Time Series Analysis For Poland, Michal Wojewodzki
The Household's Savings And The Industrial Production : A Time Series Analysis For Poland, Michal Wojewodzki
Lingnan Journal of Banking, Finance and Economics
In this paper the author will examine the short and long-run causality between the growth rate of households‟ savings in the consolidated banking system in Poland, and the Polish economic growth rate (using the industrial production index as its proxy). This research paper will cover Poland‟s economic development over the periods 1997 to 2010 (in a quarterly approach). The main purpose of this paper is to shed light on the direction of the causality between saving and growth, so that the Polish policymakers can either focus on policies promoting growth or focus on saving policies in order to effectively and …