Home > The Oxford Dictionary of Economics > savings function
savings function
savings functionA function relating savings to its determinants. For an individual these include income, both actual and permanent, age, family status, assets and possibly liquidity. At the aggregate level the savings function includes the effects of income, the age distribution of the population, and total assets.
Join eNotes
Over 3,500 study guides, question and answer forums, literature criticism, reference content, and much more!
Oxford University Press Titles
- The Concise Oxford Dictionary of Archaeology
- The Oxford Dictionary of Economics
- The Oxford Companion to American Literature
- The Oxford Companion to American Military History
- The Oxford Companion to Classical Civilization
- The Oxford Companion to English Literature
- The Oxford Companion to Fairy Tales
- The Oxford Companion to Shakespeare
- The Oxford Dictionary of Plays
- The Oxford Dictionary of Art
- Oxford Dictionary of Sociology
- Oxford Dictionary of World History
- Oxford Dictionary of World Mythology
