| Abstract: | This paper presents an analysis of savings behavior of Turkish households residing in W. Germany using survey data. It is found that there exists a statistically significant difference in the savings behavior of households who migrate from urban areas of Turkey and those who migrate from rural areas. The estimated savings function is non-linear with respect to household income. While education and the occupation of the head of household do not have statistically significant impacts on the savings of either group, age of the household's head has a statistically significant impact on the savings behavior of both groups. |
