The aim of this study was to assess the dependence of household savings on average wage income and to find out how big are the percentage differences in average incomes in the Czech Republic, Austria, and Poland. Content analysis was used for data collection. Percentage differences were calculated by using the observed data from the ČSÚ, WKO.at, and monitorpolski.gov.pl. It was discovered that Austria has a gross wage significantly higher than Czech Republic and Poland. Furthermore, the effect of gross wages on savings in these countries was examined by using linear regression and correlation. The results showed that wages affect savings in the Czech Republic and Poland, but not in Austria. It was also found that in the Czech Republic, savings increase when wages increase, and in the other two countries, savings decrease when wages increase. The findings of this thesis can be used for further studies or for shaping of politics that seek to improve the lives of citizens. The findings show that Czechs and Poles often migrate to neighbouring countries for work, so national policies should focus more on their affluence. A limitation of this study is that incomes are expressed in nominal wages, not in real wages.
Srovnání vývoje příjmů v České republice, Rakousku a Polsku
Volume: 2/2023
Issue: 2
Author: Sabina Hauková, Vilém Kovač
Keywords: Gross wages, savings rate, Euros, Czech crowns, Polish zloty, Czech Republic, Austria, Poland, influence.