Two kinds of estimations of household savings are done in this paper : - First we define saving as result of income minus consumption. To do that we use the national accounts to benchmark saving of the Household budget surveys (HBS). More particularly we use subjective information given by households themselves about their financial situation and saving data collected in the survey (life insurance and retirement allowance, housing investment) to ensure a more satisfactory estimation. - Secondly we estimate saving defined as variation on wealth. We use for that financial Assets surveys and also national accounts. In this paper we do cohort and age analysis of savings, and also we attempt to test the life cycle hypothesis on french data with both approaches.
Household budget survey, Financial asset survey, National Accounts
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