Revenues, Expenses and Savings - Variables of Influence

At the level of any society, income and expenditure and savings have played and continue to play an important role both from a macroeconomic perspective and from a microeconomic perspective. The purpose of our paper is to identify the variables of influences between the revenues, the expenses and th...

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Bibliographic Details
Main Authors: Mălina-Ionela Burlacu, Alexandru Bîrsan
Format: Article
Language:English
Published: Ovidius University Press 2020-01-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:http://stec.univ-ovidius.ro/html/anale/RO/2020/Section%203/8.pdf
Description
Summary:At the level of any society, income and expenditure and savings have played and continue to play an important role both from a macroeconomic perspective and from a microeconomic perspective. The purpose of our paper is to identify the variables of influences between the revenues, the expenses and the savings at a household level, by using the Principal Component Analysis. We have used the results of a questionnaire conducted on a sample of 344 persons nationally representative and we have used SPSS and Monte Carlo PCA in order to analyze the results and Identify the principal components.
ISSN:2393-3127
2393-3127