Advances in Economics and Business Vol. 5(6), pp. 346 - 352
DOI: 10.13189/aeb.2017.050605
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Jewelry as a Kind of Household Savings of Uzbekistan


Inna Stecenko 1,*, Anvar Irchaev 2
1 Baltic International academy, Doctoral Program, Regional Economy and Economics Policy, Latvia
2 Investment Group Tashkent, Uzbekistan

ABSTRACT

The goal of the present research is to study the influence of price increase on gold and on the level of household savings of Uzbekistan. The authors put forward the hypothesis - the higher the prices of gold, the more active the households of Uzbekistan invest in jewelry. Thus, the authors supplemented the theory of Gustav Kassel - the growth of the world prices of gold not only influence on the level of exchange rate level, but also on the level of household savings. The carried out analysis, using the econometric methods has shown that the households of RUz invest in jewelry, which are used as savings

KEYWORDS
Households, Savings, Jewelry, Uzbekistan

Cite this paper
Inna Stecenko , Anvar Irchaev . "Jewelry as a Kind of Household Savings of Uzbekistan." Advances in Economics and Business 5.6 (2017) 346 - 352. doi: 10.13189/aeb.2017.050605.