Full text: Capital Gains, Pension Funds and

16 
Table 6 
Gross Personal Gross Saving 
Net 
Saving 
Saving 
Saving 
billions 
Rate p.c. 
Rate 
p.c 
gross i 
1971 
74.1 
10.2 
8.1 
16.5 
1972 
68.1 
8.7 
6.5 
17.0 
1973 
96.2 
10.9 
8.6 
18.8 
1974 
105.0 
10.8 
8.5 
16.0 
1975 
116.5 
10.9 
8.6 
15.6 
1976 
107.1 
9.2 
6.9 
17.1 
1977 
103.3 
8.1 
5.6 
18.8 
1978 
109.9 
7.7 
5.2 
19.3 
1979 
125.5 
7.8 
5.2 
18.6 
1980 
145.6 
154.4 8.2 
8.4 
6.0 
15.5 
1981 
185.7 
9.1 
6.7 
15.2 
1982 
208.2 
9.6 
6.8 
14.0 
1983 
187.6 
7.7 
5.4 
16.2 
1984 
224.1 
8.4 
6.1 
17.3 
1985 
189.7 
6.7 
4.4 
17.7 
1986 
188.3 
6.2 
4.0 
15.9 
1987 
176.0 
5.5 
3.2 
Source: 
Co.1-3: 
Scitovsky up to 
1980, 
from 
1980 own 
calculation.Col 4: Col 2 plus line 8 of table 5.
	        

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