Dependence Between Income and Savings Rates in Professionals Located in the South of the Aburra Valley

The purpose of this paper is to determine whether professionals in the south of the Aburra Valley save money, and if there is any relationship between their money income and the savings rate. To corroborate assumptions, 385 surveys conducted in men and women holding university degrees, residing in t...

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Main Author:	Elkin Rave Gómez
Format:	Article
Language:	English
Published:	Universidad EAFIT 2013-11-01
Series:	Ecos de Economía
Subjects:	Ahorro Profesionales Chi-cuadrado Ingresos Regresión logística: Dependencia
Online Access:	http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/2302

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spelling	doaj-ed7b41727b2d435bb8f06d63f81e3e1f2020-11-24T21:43:38ZengUniversidad EAFITEcos de Economía 1657-42062013-11-0117371611751896Dependence Between Income and Savings Rates in Professionals Located in the South of the Aburra ValleyElkin Rave Gómez0Institución Universitaria CeipaThe purpose of this paper is to determine whether professionals in the south of the Aburra Valley save money, and if there is any relationship between their money income and the savings rate. To corroborate assumptions, 385 surveys conducted in men and women holding university degrees, residing in the study sub-region. The information collected was treated by means of a non-parametric chi-square test and logistics regression to determine the degree of independence between the analyzed variables. Statistical studies results show that there is no independence between the savings rate and the level of income. This research also evidences that professionals who save the most are those who receive the highest monthly income.http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/2302AhorroProfesionalesChi-cuadradoIngresosRegresión logística: Dependencia
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	Elkin Rave Gómez
spellingShingle	Elkin Rave Gómez Dependence Between Income and Savings Rates in Professionals Located in the South of the Aburra Valley Ecos de Economía Ahorro Profesionales Chi-cuadrado Ingresos Regresión logística: Dependencia
author_facet	Elkin Rave Gómez
author_sort	Elkin Rave Gómez
title	Dependence Between Income and Savings Rates in Professionals Located in the South of the Aburra Valley
title_short	Dependence Between Income and Savings Rates in Professionals Located in the South of the Aburra Valley
title_full	Dependence Between Income and Savings Rates in Professionals Located in the South of the Aburra Valley
title_fullStr	Dependence Between Income and Savings Rates in Professionals Located in the South of the Aburra Valley
title_full_unstemmed	Dependence Between Income and Savings Rates in Professionals Located in the South of the Aburra Valley
title_sort	dependence between income and savings rates in professionals located in the south of the aburra valley
publisher	Universidad EAFIT
series	Ecos de Economía
issn	1657-4206
publishDate	2013-11-01
description	The purpose of this paper is to determine whether professionals in the south of the Aburra Valley save money, and if there is any relationship between their money income and the savings rate. To corroborate assumptions, 385 surveys conducted in men and women holding university degrees, residing in the study sub-region. The information collected was treated by means of a non-parametric chi-square test and logistics regression to determine the degree of independence between the analyzed variables. Statistical studies results show that there is no independence between the savings rate and the level of income. This research also evidences that professionals who save the most are those who receive the highest monthly income.
topic	Ahorro Profesionales Chi-cuadrado Ingresos Regresión logística: Dependencia
url	http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/2302
work_keys_str_mv	AT elkinravegomez dependencebetweenincomeandsavingsratesinprofessionalslocatedinthesouthoftheaburravalley
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Dependence Between Income and Savings Rates in Professionals Located in the South of the Aburra Valley

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