Prague Economic Papers 2026, 35(3):345-371 | DOI: 10.18267/j.pep.913

Determinants of Saving of Institutional Sectors of the National Economy in the Czech Republic

Kateřina Šímová ORCID...
Kateřina Šímová, Department of Monetary Theory and Policy, Faculty of Finance and Accounting, Prague University of Economics and Business, Czech Republic; Czech Statistical Office, Na Padesátém 81, 100 82 Prague 10, Czech Republic

The paper analyses the saving of individual sectors in the national economy. The analysis at this level is crucial to consider the specificities of each institutional sector. First, saving are described from the perspective of Keynesian economic theory, followed by a literature review. Next, the sectors of the national economy are briefly defined, particularly the concept of saving in each sector is presented. The analysis concludes with an empirical verification of the determinants of sectoral saving by using ARDL models reparameterized into EC. The results of the models show that the sectoral determinants are different and confirm the necessity of using sectoral analysis.

Keywords: ARDL, EC, institutional sectors, national accounts, saving.
JEL classification: D14, D22, E01, E21

Received: December 17, 2025; Revised: March 17, 2026; Accepted: March 26, 2026; Prepublished online: September 8, 2026; Published: September 10, 2026  Show citation

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Šímová, K. (2026). Determinants of Saving of Institutional Sectors of the National Economy in the Czech Republic. Prague Economic Papers, 35(3), 345-371. doi: 10.18267/j.pep.913
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