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El ahorro de los hogares en Colombia

Author

Listed:
  • Ligia Melo
  • Héctor Zárate
  • Juana Tellez
Abstract
En este documento se presenta un análisis del comportamiento del ahorro de los hogares y sus determinantes, considerando una perspectiva de largo plazo para el periodo 1950-2004 y una de corto plazo a nivel microeconómico, utilizando la información de las encuestas de calidad de vida de 1997 y 2003. A nivel agregado, con base en un análisis de cointegración se encontró una relación de largo plazo entre la tasa de ahorro de los hogares, el PIB per-cápita, los impuestos directos y una medida de profundización financiera. A nivel microeconómico, se realiza un análisis de las tasas de ahorro agrupadas por diferentes características socioeconómicas de los hogares y para diferentes definiciones de ahorro considerando la inversión en capital humano y la compra de bienes durables. Adicionalmente, se presenta un análisis del comportamiento del ahorro a partir de la hipótesis del ciclo de vida, utilizado los perfiles de ahorro por año de nacimiento del jefe del hogar. Los resultados muestran que tanto el ingreso como el consumo registran un comportamiento de U invertida, sugiriendo que para el caso Colombiano no hay evidencia de que se cumpla la hipótesis del ciclo de vida. Finalmente, al comparar los datos de ahorro de los hogares a nivel agregado, con los datos obtenidos a partir de la información de las encuestas se encuentran diferencias que se pueden explicar por razones metodológicas y por el cambio en la distribución de los ingresos y de los gastos registrado entre 1997 y 2003.

Suggested Citation

  • Ligia Melo & Héctor Zárate & Juana Tellez, 2006. "El ahorro de los hogares en Colombia," Borradores de Economia 2454, Banco de la Republica.
    • Handle: RePEc:col:000094:002454
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Ahorro de los hogares; hipótesis de ciclo de vida; consumo; Colombia;
    All these keywords.

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • D19 - Microeconomics - - Household Behavior - - - Other
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts

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