Hanehalkı Tasarruf Tercihlerinin Ardışık Logit Modelle Belirlenmesi: Türkiye Örneği
Determination of Household Saving Preferences with Sequential Logit Model: The Case of Turkey

Summary/Abstract: Purpose – In general economic thought, the issue of savings plays a key role for development and growth. Countries reaching a high level of income balance depends on the increase of investments. Among the corporate sectors, the household sector has the highest savings. Therefore, it becomes a necessity to examine the saving behaviour of households.The purpose of this study is to investigate the determinants of household savings and their preferences regarding savings. Design/methodology/approach – In this research, Turkey Statistical Institute (TSI) is published by using the 2017 Household Budget Survey, savings and savings choices of households with sequential logit models were examined. While determining the dependent variables of the model, the households in the data set were divided into two groups as those who first saved and did not. Saving households, on the other hand, are divided into three categories, among those investing in real estate, gold and foreign currency, and other securities.

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