Resumen

NAVA BOLANOS, Isalia  y  BROWN GROSSMAN, Flor. Determinants of Household Savings in Mexico: A Quantile Regression Analysis. Econ: teor. práct [online]. 2018, n.49, pp.93-117. ISSN 2448-7481.  https://doi.org/10.24275/etypuam/ne/492018/nava.

This article analyses the economic and sociodemographic factors that explain household savings in Mexico. Unlike other studies, it takes into account different points of the distribution of saving rates. The methodology includes a quantile regression and instrumental variable quantile regression, based on the National Household Income and Expenditure Survey 2014. The results show the differences of determinants along the distribution of saving rates. The marginal propensity to save was 5.7 per cent in QR20 and 16.1 per cent in QR90. The sex of the household head and access to financial markets do not have a significant effect on QR20. The number of older people increases the saving rates in QR20 and QR50, but it is not significant in the other quantiles. The effect of urban areas decreases between quantiles, until it becomes negative in QR90.

Palabras llave : Saving behavior; housing; permanent income; inequality; instrumental variable quantile regression; D14; D15; E21; C21.

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