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Personal Savings in Canada
註釋From the Executive Summary: This study investigates the pattern of personal savings in Canada, which developed during the 1970s, from two perspectives. First, it identifies those economic and institutional conditions of the 1970s that were different from the trends of the 1960s, and that therefore may have accounted for the change in savings behaviour of Canadian households. These factors are verified in a model of personal savings which incorporates economic and institutional factors specific to the 1970s into a traditional theory of savings. Second, the study provides an explanation of the difference in savings patterns between Canada and the United States through a comparison of personal income tax laws in each country.