Determinants of savings among non-Ricardian households in South Africa

What is it about?

The precariousness of low-income households (otherwise known as non-Ricardian) manifests in their negative savings pattern. We test the socio-economic determinant of the savings that stuck them into a vicious cycle of poverty. Although saving patterns worsen over the year with an additional burden depending on the household size, household grants indeed pass-through from expenditure to savings.

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