The Income Distribution of Canadian Urban Family Saving, 1959
This paper attempts to fill a gap in Canadian economic statistics. Saving by households is the largest component of net domestic saving in Canada, but lack of data has prevented any detailed examination of the saving behaviour of this sector. The periodical surveys of liquid assets provide informati...
Published in: | Canadian Journal of Economics and Political Science |
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Language: | English |
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Cambridge University Press (CUP)
1966
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Online Access: | http://dx.doi.org/10.2307/139945 https://www.cambridge.org/core/services/aop-cambridge-core/content/view/S031548900000092X |
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crcambridgeupr:10.2307/139945 2023-05-15T17:23:00+02:00 The Income Distribution of Canadian Urban Family Saving, 1959 Asimakopulos, A. 1966 http://dx.doi.org/10.2307/139945 https://www.cambridge.org/core/services/aop-cambridge-core/content/view/S031548900000092X en eng Cambridge University Press (CUP) https://www.cambridge.org/core/terms Canadian Journal of Economics and Political Science volume 32, issue 1, page 15-26 ISSN 0315-4890 1920-7220 General Earth and Planetary Sciences General Environmental Science journal-article 1966 crcambridgeupr https://doi.org/10.2307/139945 2022-11-07T16:25:31Z This paper attempts to fill a gap in Canadian economic statistics. Saving by households is the largest component of net domestic saving in Canada, but lack of data has prevented any detailed examination of the saving behaviour of this sector. The periodical surveys of liquid assets provide information on the income distribution of household savings and some of the forms in which they are held, but no such distribution has been derived for household saving. A first step is made here in the analysis of Canadian household saving behaviour with the construction of income distributions of saving based on data collected by the Urban Family Expenditure Survey for 1959. The survey is not an ideal instrument for this purpose; it was designed primarily to derive detailed information on consumer expenditures, and it is not always possible to separate out, without using approximate methods, data required for saving estimates. In addition, the total sample is relatively small with only a limited number of respondents in the upper income and entrepreneurial categories which contribute substantially to total saving. However, there is no other Canadian source available for this type of study. The results obtained are of interest in themselves and their derivation can point up changes in survey methods and tabulations which would make future survey data more useful for the estimation of household saving. The 1959 survey was restricted to urban centres with a population of 15,000 or over, but there were no restrictions with respect to family size or income. A probability sample of slightly more than 3000 households was selected for the survey from the eighty-one urban areas which qualified. The sampling rate was 1/1500 in Montreal and Toronto, 1/800 in Vancouver, 1/300 in Newfoundland, and 1/600 in all other areas chosen. To obtain national averages the returns for each region were weighted to allow for differences in sampling and response rates. Response rates varied from 45 per cent in Toronto to 78 per cent in the Prairies, ... Article in Journal/Newspaper Newfoundland Cambridge University Press (via Crossref) Canada Canadian Journal of Economics and Political Science 32 1 15 26 |
institution |
Open Polar |
collection |
Cambridge University Press (via Crossref) |
op_collection_id |
crcambridgeupr |
language |
English |
topic |
General Earth and Planetary Sciences General Environmental Science |
spellingShingle |
General Earth and Planetary Sciences General Environmental Science Asimakopulos, A. The Income Distribution of Canadian Urban Family Saving, 1959 |
topic_facet |
General Earth and Planetary Sciences General Environmental Science |
description |
This paper attempts to fill a gap in Canadian economic statistics. Saving by households is the largest component of net domestic saving in Canada, but lack of data has prevented any detailed examination of the saving behaviour of this sector. The periodical surveys of liquid assets provide information on the income distribution of household savings and some of the forms in which they are held, but no such distribution has been derived for household saving. A first step is made here in the analysis of Canadian household saving behaviour with the construction of income distributions of saving based on data collected by the Urban Family Expenditure Survey for 1959. The survey is not an ideal instrument for this purpose; it was designed primarily to derive detailed information on consumer expenditures, and it is not always possible to separate out, without using approximate methods, data required for saving estimates. In addition, the total sample is relatively small with only a limited number of respondents in the upper income and entrepreneurial categories which contribute substantially to total saving. However, there is no other Canadian source available for this type of study. The results obtained are of interest in themselves and their derivation can point up changes in survey methods and tabulations which would make future survey data more useful for the estimation of household saving. The 1959 survey was restricted to urban centres with a population of 15,000 or over, but there were no restrictions with respect to family size or income. A probability sample of slightly more than 3000 households was selected for the survey from the eighty-one urban areas which qualified. The sampling rate was 1/1500 in Montreal and Toronto, 1/800 in Vancouver, 1/300 in Newfoundland, and 1/600 in all other areas chosen. To obtain national averages the returns for each region were weighted to allow for differences in sampling and response rates. Response rates varied from 45 per cent in Toronto to 78 per cent in the Prairies, ... |
format |
Article in Journal/Newspaper |
author |
Asimakopulos, A. |
author_facet |
Asimakopulos, A. |
author_sort |
Asimakopulos, A. |
title |
The Income Distribution of Canadian Urban Family Saving, 1959 |
title_short |
The Income Distribution of Canadian Urban Family Saving, 1959 |
title_full |
The Income Distribution of Canadian Urban Family Saving, 1959 |
title_fullStr |
The Income Distribution of Canadian Urban Family Saving, 1959 |
title_full_unstemmed |
The Income Distribution of Canadian Urban Family Saving, 1959 |
title_sort |
income distribution of canadian urban family saving, 1959 |
publisher |
Cambridge University Press (CUP) |
publishDate |
1966 |
url |
http://dx.doi.org/10.2307/139945 https://www.cambridge.org/core/services/aop-cambridge-core/content/view/S031548900000092X |
geographic |
Canada |
geographic_facet |
Canada |
genre |
Newfoundland |
genre_facet |
Newfoundland |
op_source |
Canadian Journal of Economics and Political Science volume 32, issue 1, page 15-26 ISSN 0315-4890 1920-7220 |
op_rights |
https://www.cambridge.org/core/terms |
op_doi |
https://doi.org/10.2307/139945 |
container_title |
Canadian Journal of Economics and Political Science |
container_volume |
32 |
container_issue |
1 |
container_start_page |
15 |
op_container_end_page |
26 |
_version_ |
1766109974228893696 |