Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/211633 
Year of Publication: 
1992
Series/Report no.: 
Bank of Finland Discussion Papers No. 4/1992
Publisher: 
Bank of Finland, Helsinki
Abstract: 
Household saving ratios in the Nordie eountries are very low by intemational standards and have declined markedly during the 1980s. Aggregate quarterly time-series data for the period 1970-1989 are used to study the development of household saving behavior over time. The evidenee suggests that the household saving ratio responds positively to both the infiation rate and real ineome growth. There is also some weak evidenee to support the view that the rate of ehange in real housing priees has a negative effeet on household saving ratios.
Persistent Identifier of the first edition: 
ISBN: 
951-686-312-4
Document Type: 
Working Paper

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