HOUSEHOLD SAVINGS AND INVESTMENTS IN THE CONTEXT OF ECONOMIC TRANSFORMATION

The article is devoted to the study of the savings and investment function of households. Depending on the available motives for accumulation, a classification of types of savings is given, the main differences between savings and investments are presented. To determine the amount of funds for investment, the authors proposed an indicator for a comprehensive assessment of the elasticity of the average monetary reserve depending on changes in the most significant external financial and economic factors. The relationship between the level of the country's GDP per capita and the share of one-person households in its economy is substantiated, the reasons for the growth in the number of single households are considered. Based on a comparison of the structure of financial assets of Russian households with other countries, the savings and investment activity of the Russian population in stocks and other forms of participation in capital is proved. According to the authors, a significant amount of cash in the hands of the population indicates a high investment potential that can be used for direct investment of innovative regional projects in the conditions of transformation of the Russian economy. The object of the study is the reproductive function of monetary savings of the population in the development of the country's economy, the subject of the study is the monetary savings of households.