LES DÉTERMINANTS DE L’ÉPARGNE DES MÉNAGES AU MAROC : UNE ANALYSE PAR MILIEU GÉOGRAPHIQUE

This article provides an analysis of the microeconomic determinants of household savings behaviour in Morocco both in urban and rural areas. Our descriptive statistics indicate several and relatively similar savings deter-minants in Morocco regardless of the area considered. Then, we estimate household saving models using economic and demographic variables. Econo-metric results do not confirm our previous results. Indeed, current income strongly affects the savings level in the urban area whereas the literacy of the household’s head is determinant in the rural one. However, the life cycle hypothesis is not supported by the results. The household’s size has a significant negative impact in the urban case only, while women heads of household save more than men, except for highest income levels. The results clearly show that savings household’s behaviour is different depending on the home geographical area.