The recent behaviour of the personal savings rate in Canada / Jack Cawdery and Raymond Préfontaine.: F2-46/1980E-PDF

"During the 1970s, a dramatic change has occurred in personal savings behaviour in Canada. Personal saving climbed from 5.3 per cent of personal disposable income in 1970 to a peak of 10.9 per cent of personal disposable income in 1975, and the currently-estimated personal savings rate for 1979 remains above 10 per cent. This paper analyzes a number of the factors responsible for the sharp increase in the personal savings rate in the first half of the 1970s, and for its continuation at historically high levels since 1975. The paper focusses particularly on the effects on the personal savings rate of the acceleration in inflation in the early part of the 1970s. ..."--Pref.

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Publication information
Department/Agency Canada. Department of Finance.
Canada. Dept. of Finance. Long Range and Structural Analysis Division.
Title The recent behaviour of the personal savings rate in Canada / Jack Cawdery and Raymond Préfontaine.
Publication type Monograph
Language [English]
Other language editions [French]
Format Electronic
Electronic document
Note(s) "April 1980."
Issued also in French under title: Comportement récent du taux de l'épargne personnelle.
"One of a series of papers on medium and long-term economic issues"--Cover.
Digitized edition from print [produced by Finance Canada].
Included bibliographical references.
Publishing information [Ottawa] : Dept. of Finance Canada, 1980.
Author / Contributor Cawdery, Jack.
Préfontaine, Raymond.
Description 48 p.
Catalogue number
  • F2-46/1980E-PDF
Subject terms Savings
Inflation
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