Cover Image

The relationship between unemployment, income and interest rates toward savings / Nor Azura Atan

This study is conducted to examine the general relationship between unemployment, income and interest rates toward savings. Time period for this study is 31 years which is from year 1976 to 2006. Methodology used for this study is multiple regression analysis. In recent years it has become a common...

Full description

Saved in:
Bibliographic Details
Format: Student Project
Language:English
Published: Faculty of Business and Management 2007
Online Access:http://ir.uitm.edu.my/id/eprint/16833/1/PPb_NOR%20AZURA%20ATAN%20BM%2007_5.pdf
http://ir.uitm.edu.my/id/eprint/16833/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.uitm.ir.16833
record_format eprints
spelling my.uitm.ir.168332017-05-04T03:53:04Z http://ir.uitm.edu.my/id/eprint/16833/ The relationship between unemployment, income and interest rates toward savings / Nor Azura Atan This study is conducted to examine the general relationship between unemployment, income and interest rates toward savings. Time period for this study is 31 years which is from year 1976 to 2006. Methodology used for this study is multiple regression analysis. In recent years it has become a common idea that high level of saving and investment is one key element of sustained economic growth. People with higher income will tend to save more on savings for better income in future. The rate of return on the investment also the key factors that influence the determinant of saving. People that do nor work do not have excess money to save. So that, the rate of saving will decrease. According to my study, there is a relationship between unemployment, income and interest rates toward savings. Unemployment and income shows the significant and positive relationship in explaining savings. While interest rates shows the significant but negative relationship in explaining savings. Since interest rates is negative relationship but the regression is acceptable because the value of adjusted coefficient of determination R-Square (R²) is near to 1. If s mean that savings is strongly explained by unemployment, income and interest rates. Faculty of Business and Management 2007 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/16833/1/PPb_NOR%20AZURA%20ATAN%20BM%2007_5.pdf UNSPECIFIED (2007) The relationship between unemployment, income and interest rates toward savings / Nor Azura Atan. [Student Project] (Unpublished)
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
description This study is conducted to examine the general relationship between unemployment, income and interest rates toward savings. Time period for this study is 31 years which is from year 1976 to 2006. Methodology used for this study is multiple regression analysis. In recent years it has become a common idea that high level of saving and investment is one key element of sustained economic growth. People with higher income will tend to save more on savings for better income in future. The rate of return on the investment also the key factors that influence the determinant of saving. People that do nor work do not have excess money to save. So that, the rate of saving will decrease. According to my study, there is a relationship between unemployment, income and interest rates toward savings. Unemployment and income shows the significant and positive relationship in explaining savings. While interest rates shows the significant but negative relationship in explaining savings. Since interest rates is negative relationship but the regression is acceptable because the value of adjusted coefficient of determination R-Square (R²) is near to 1. If s mean that savings is strongly explained by unemployment, income and interest rates.
format Student Project
title The relationship between unemployment, income and interest rates toward savings / Nor Azura Atan
spellingShingle The relationship between unemployment, income and interest rates toward savings / Nor Azura Atan
title_short The relationship between unemployment, income and interest rates toward savings / Nor Azura Atan
title_full The relationship between unemployment, income and interest rates toward savings / Nor Azura Atan
title_fullStr The relationship between unemployment, income and interest rates toward savings / Nor Azura Atan
title_full_unstemmed The relationship between unemployment, income and interest rates toward savings / Nor Azura Atan
title_sort relationship between unemployment, income and interest rates toward savings / nor azura atan
publisher Faculty of Business and Management
publishDate 2007
url http://ir.uitm.edu.my/id/eprint/16833/1/PPb_NOR%20AZURA%20ATAN%20BM%2007_5.pdf
http://ir.uitm.edu.my/id/eprint/16833/
_version_ 1685648858861797376
score 13.211869

Similar Items