Cross-‐Country Effects of Inflation on National Savings
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Inflation is considered to be one of the most crucial factors in daily life since it has a direct impact on some people’s savings. This paper seeks to examine whether or not there is a relationship between national savings and inflation rate. In a more complex multiple regression model, we take into account unemployment rate, HDI, population and income per capita. We found that inflation has a statistically significant positive effect on the national savings in both our simple and multiple regression models.