• ISSN: 2301-3567
    • Frequency: Quarterly (2013-2014); Monthly (Since 2015)
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms Jessica C. Xiao
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JOEBM 2016 Vol.4(9): 528-533 ISSN: 2301-3567
DOI: 10.18178/joebm.2016.4.9.447

Determinants of Household Bank Deposits: Evidence from Slovakia

Renáta Pitoňáková
Abstract— Article copes with household bank deposits in Slovakia applying quarterly data Q2 1998 – Q1 2015 using the ARDL methodology. The results show that real interest rate, elderly dependency ratio, inflation and gross disposable income boost up deposits, while income growth reduces household deposits. Outcomes indicate that elder generation tends to increase financial wealth if form of bank deposits.

Index Terms— ARDL, deposits, households, income.

Renáta Pitoňákováis is with Comenius University in Bratislava, Faculty of Social and Economic Sciences, Slovakia (e-mail: renata.pitonakova@fses.uniba.sk).

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Cite: Renáta Pitoňáková, " Determinants of Household Bank Deposits: Evidence from Slovakia," Journal of Economics, Business and Management vol. 4, no. 9, pp. 528-533, 2016.

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